• ☝️ Axios and Harris published their annual rankings of the top 100 companies by reputation among Americans; only the top-two companies scored an "excellent" rating, the lowest in a decade.

BUSINESS & MARKETS

in partnership with Scott Kemper Imagery

• 💰 US markets fell across the board (S&P: -0.3%; Dow: -0.5%; Nasdaq: -0.2%). | 🤖 Nvidia reported earnings after the bell; the chipmaker's net income rose over 7x compared to a year earlier, while its revenue more than tripled; the company also announced a 10-for-1 stock split. | 🏘️ Home sales fell in April for the second straight month.
• 🏦 The Fed opted to hold interest rates steady; however, the minutes of its meeting show officials worried over lack of progress on inflation.
• 🎯 Target posted a year-over-year sales decline and missed Wall Street’s earnings estimates; shares fell ~8%.

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SPORTS, MEDIA & ENTERTAINMENT

• 🤖📰 OpenAI reportedly struck a content licensing deal with News Corp, which owns the Wall Street Journal, NY Post, and other news orgs in the US, UK, and Australia; the deal could be worth $250+ million over five years. | 📝 Vivek Ramaswamy, an entrepreneur and former GOP presidential candidate, acquired a 7.7% activist stake in BuzzFeed.
• ⚖️ Sean "Diddy" Combs was accused of sexual assault in 2003 in a new lawsuit; it’s the sixth civil case filed against Diddy since November accusing him of similar actions.
• 🏈 Pittsburgh was selected to host the 2026 NFL Draft, the city’s first since 1948. | ⚽ Italian soccer club Inter Milan was taken over by US investment firm Oaktree after the club’s previous Chinese owners defaulted on a loan.

SCIENCE, SPACE & EMERGING TECH

in partnership with NoNetz

• 🤖🗣️ Amazon is reportedly planning to unveil an upgraded version of its decade-old Alexa voice assistant later this year, with a monthly fee for access. | 🤖 Humane, the startup behind the poorly-reviewed AI pin, is reportedly seeking to sell its entire business.
• 🚀 The first crewed launch of Boeing’s already-delayed Starliner spacecraft, which was scheduled for Saturday, is on hold indefinitely due to a helium leak.
• 🪲🦇 Some tiger beetles produce their own ultrasound noises when bats are nearby in an effort to trick the flying mammals into thinking they’re toxic tiger moths, per a new study.

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MISCELLANEOUS

• 🏡 A Tennessee judge halted the foreclosure sale of Elvis Presley’s former home, Graceland, amid a legal complaint from Presley’s granddaughter Riley Keough.
• 🎓 The Biden administration canceled another $7.7 billion in student loans for ~160,000 borrowers who meet certain criteria.
• 🗳️ Vince Fong (R), a California State Assemblyman, won the special election to succeed former GOP Rep. Kevin McCarthy.

CLICKBAIT

• 🏘️ The 150 best places to live in the US.