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What's Happening, What's Up

TLDR
MARKET RECAP → Stocks fell Friday as new moves have investors mulling whether it was a “Trump Bump” or Trump pump fake. The latest: well, you know, made in the USA is the idea, but the flavor of the day is iPhones.
PALANTIR EXECUTIVES CASH OUT → 📉 Palantir (PLTR) execs, including CEO Alex Karp, sold nearly $115M in stock just as shares hit new highs—because nothing says confidence like cashing out at the top.
APPLE TARIFF THREAT HITS HARD → 📱 Trump warned Apple (AAPL) to bring iPhone production to the U.S. or face a 25% tariff—sending AAPL shares lower and Wall Street into calculator mode.
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There will be no newsletter on Monday May 26th, as the market will be closed in observance of Memorial Day.

POLL OF THE DAY
Where do you think the price of Bitcoin (BTC) is headed in June?Bitcoin (BTC) reached an all-time-high today... where do you think it goes from here? |
TODAY’S TOP NEWS
Palantir Executives Cash Out
📉 Palantir (PLTR) CEO Alex Karp sold over $50 million in shares this week, part of a broader selloff by top execs, including CTO Shyam Sankar and President Stephen Cohen, who offloaded $21M and $43.5M, respectively.
📊 The sales were tied to automatic tax withholdings on vested stock units, not a signal of internal panic—but they come just as Palantir stock surged 62% YTD, outperforming tech peers.
🧠 Despite global growth worries, Palantir remains bullish on AI and federal contracts under Trump’s tech-focused government overhaul. Karp’s message to investors? “Ride along—or don’t.”
TODAY’S TOP NEWS
Apple Tariff Threats Hit Hard
📱 Trump threatened a 25% tariff on iPhones made outside the U.S., warning Apple (AAPL) it must manufacture domestically or pay up. Shares dipped nearly 2% as the post reignited trade tension.
💰 Analysts estimated U.S.-made iPhones could cost up to $3,500. Apple has been shifting production to India, hoping to dodge trade fallout—but Trump isn’t buying it.
📦 The tariff threat comes amid broader calls from Trump for more U.S. precision manufacturing. With tariffs looming and China sales cooling, Apple faces pressure on multiple fronts.
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