Ray's Roundup - May 14 Edition 📊 Market Snapshot 📉 Bitcoin: $79,319 (-1.5%) | Ethereum: $2,252 (-2.3%) | Solana: $91 (-3.9%) Macro & Geopolitics 🌍 US-China talks heat up, focusing on economic cooperation and the Iran conflict. Meanwhile, PPI surged to 6%, crushing the 4.9% forecast. Kevin Warsh officially confirmed as Fed Chair. Markets are recalibrating expectations fast. Tech & IPO Spotlight 🚀 Cerebras debuts today at $185/share, already trading at $290 pre-market on Hyperliquid. A massive pop. But not everyone is partying. Ledger and Consensys (Metamask parent) both delayed their IPOs, citing market conditions. The window is selective. Corporate Titans 🏢 GOOGL hit a new all-time high, closing above $400. Nvidia became the first company to reach a $5.5 trillion market cap. AI dominance continues to reshape the landscape. Crypto Flows & Institutions 💸 Bitcoin ETFs saw a brutal $630 million in net outflows, the largest single-day drain since January. Jane Street's Q1 report reveals a strategic pivot from BTC to ETH. Fidelity publicly backs the CLARITY Act. Strategy's STRC fund accumulates over 2,000 BTC, trading above $1 par. AI & Recovery 🤖 Anthropic expands Claude's weekly limits and launches monthly credits for coding, plus a small business tier. In a stunning feat, Claude helped users recover over $400,000 in Bitcoin lost over a decade ago. Regulation & Risk ⚖️ Robinhood files with the SEC for a second venture fund. The Wall Street Journal flags Zcash's privacy features as red flags. TokenWorks drops Ten Thousand Tokens today at 12 PM EST. Stay sharp.