Daily Scoop 5-27

👋 Your Thursday Scoops

 Today's Scoop: Progress 

Talking points

1) More people are getting back to work.2) Congress is inching towards compromise on more spending.3) Big Auto keeps moving electric.

 Company Scoops (Click to read & react) 

Google's getting hospital dataFord's going electricNvidia's crypto chipsPeloton data leakPG&E fined again

The Market: ⬆️+0.1%

S&P 500: 4,200.88

The jobs market continues to improve. Fewer people got laid off last week than economists expected. Senate Republicans increased their counter-offer on the infrastructure spending bill to nearly $1T of government stimulus.

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Reminder...

Every week, the Department of Labor releases a report on "initial jobless claims". This is the number of people who filed to receive government unemployment support for the first time. Economists use that as an indicator of how many people are getting laid off each week. 

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