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Trump Brings Corporate Entourage to China, Amazon Pivots AI Shopping Strategy

Market update for Wednesday May 13, 2026

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In today’s episode, Zaid covers:

PPI inflation surges 6%, blowing past expectations

Trump lands in Beijing with Jensen Huang, Elon Musk, Tim Cook and more

Amazon kills Rufus chatbot, launches Alexa for Shopping

Wolfspeed surges 23% on power chip hype

Birkenstock misses earnings as Iran war hits sandal sales

You’ll soon be able to trade futures tied to AI computing power and GPU rental…

The skinny

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