Berkshire Hathaway agreed to acquire Taylor Morrison Home for $72.50 per share in cash. The deal is the top-impact story of the past 24 hours. It gives Warren Buffett's firm direct exposure to US homebuilding. The options market had already flagged unusual activity in the homebuilder space before this broke.
Washington closed the overseas-subsidiary loophole used to ship AI chips to Chinese firms. NVIDIA and AMD are directly in the crosshairs. The rule change adds binary risk heading into Broadcom earnings this week. Options traders had stacked deep out-of-the-money puts on AVGO ahead of results. Micron also sits in the blast zone. Analysts still call MU cheap — even near a $1 trillion valuation.
Over $1 billion in insider sales were filed across US tech and consumer names in late May. CoreWeave saw $106M in director sales and $740M from a 10% owner. Monolithic Power Systems CEO filed $65M in disposals. Ralph Lauren's founder sold nearly $100M in RL shares. Analyst consensus on Accenture slipped this week. Multiple medical device names lost analyst coverage simultaneously.
Broadcom reports this week — described as "priced for perfection." Ulta Beauty drops Q1 results Tuesday. Medtronic reports Wednesday. Short sellers piled hardest into micro-caps, but meme names like GME and RIVN held relatively steady — a signal the broader risk mood hasn't fully soured yet.
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