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Yields Rise; Nvidia Preview; SpaceX Setback; Musk Slams Trump’s Tax Bill | Bloomberg Brief 5/28/2025

DeFi Daily News by DeFi Daily News
May 28, 2025
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Yields Rise; Nvidia Preview; SpaceX Setback; Musk Slams Trump’s Tax Bill | Bloomberg Brief 5/28/2025
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Stocks hover and Treasury snap a three-day rally after a Japanese super-long government bond auction fetched weak demand. Nvidia reports first quarter earnings after the bell. A SpaceX Starship rocket is destroyed during a test flight in a third consecutive setback. Elon Musk criticizes President Trump’s tax bill. Trump says the US government would retain guarantees over Freddie Mac and Fannie Mae as he pursues a public offering for the mortgage giants. Nandini Ramakrishnan of JPMorgan says investors are turning to emerging markets for diversification. Stephanie Guild of Robinhood says Chinese tech companies are undervalued by investors chasing the artificial intelligence trade. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
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Tags: Abercrombie & Fitch Co.Bank of JapanBillBloombergDani BurgerDick's Sporting GoodsDonald Trumpelon muskHPJensen HuangJPMorgan Chase & Co.Kazuo UedaMacysMuskNandini RamakrishnanNeel KashkariNvidiaNVIDIA CORPoil marketsOPECPreviewriseRobinhood Financial LLCSALESFORCESetbackslamsspacexSpaceX C&M Ltd.Stephanie GuildtariffstaxTrumpsYields
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