The Daily Editor

62-year-old Social Security beneficiaries aren’t known for getting the largest monthly checks, but their benefits are slowly improving. The maximum Social Security check for the youngest retirement beneficiaries has reached a record high of $2,969 per month in 2026.

But it’s important not to look at this and assume that you’ll get this much when you’re ready to sign up for the program.

 » Read more about: Why you likely won't get the $2,969 max Social Security benefit at 62  »

Quick Read

• Costco (COST) has surged 23% year to date and sits just 2% below its 2023 highs, with digital e-commerce growth standing out as a key strength that may not yet be fully reflected in its current valuation of 54.5 times trailing P/E.

• Costco is positioned as a defensive growth play as inflation resurfaces,

 » Read more about: Prediction: The Stage is Set for a Costco Stock Breakout  »

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How much would you pay for lunch with Warren Buffett and Steph Curry? For one person who will remain anonymous for now, the answer was $9 million on eBay.

 » Read more about: Someone Paid $9 Million on eBay to Have Lunch with Warren Buffett — Here’s What Else They Got  »

Nvidia (NVDA 2.25%) stock has rewarded shareholders since early 2023, racking up gains of 1,420% — but it hasn’t all been smooth sailing. The artificial intelligence (AI) chipmaker has tumbled 10% several times, and plummeted 37% on one occasion, shaking out fair-weather investors in the process.

 » Read more about: Nvidia Stock Investors Just Got (More) Fantastic News from Wall Street  »

A dispute over semiconductor workers’ bonuses in Korea could upend global technology supply chains and weigh on South Korea’s economy, as Samsung’s (016360.KS) labor union has threatened to go on strike on May 21 for 18 days.

On Sunday, Samsung and the union agreed to extend negotiations after the first round of government-mediated talks failed and a South Korean court granted a partial injunction that could compel workers to show up amid a strike,

 » Read more about: Tech stocks today: Elon Musk loses court battle against OpenAI, Samsung extends talks to avert looming strike  »

SoundHound AI (SOUN 1.13%) is a voice artificial intelligence (AI) company that has been a polarizing investment. It possesses some exciting growth opportunities in tech, and with a market cap of less than $4 billion, it’s fairly small compared to other top AI stocks; thus,

 » Read more about: Why investing in SoundHound AI may be a good idea  »

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 » Read more about: Josh Brown’s Best Stocks in the Market  »

Stocks could be set up for a “meaningful correction” if bond yields don’t steady, according to one of Wall Street’s top strategists.

Morgan Stanley CIO Michael Wilson has been bullish on US equities for a long time,

 » Read more about: One of Wall Street's biggest stock bulls sees a 'meaningful correction' ahead if bond yields keep surging  »

 » Read more about: 3 Solid Mutual Funds to Grab on Soaring Retail Sales  »

## Market Snapshot

Kevin Warsh’s confirmation as Federal Reserve Chair is currently priced at near certainty, with market activity suggesting a 99% likelihood of Jerome Powell’s departure by June 30, 2026. The confirmation of Warsh has led to a notable increase in the perceived likelihood of Powell’s exit.

## Key Takeaways

– Kevin Warsh’s preparation to lead the Federal Reserve appears to solidify his confirmation as Chair,

 » Read more about: Kevin Warsh confirmed as Federal Reserve Chair, Powell exit priced by 2026  »