FinanceMon, May 18, 2026 · 5 min read

Seagate just broke the AI cycle: 'new factories take too long.'

Seagate CEO at JPMorgan said new memory factories "take too long." Stock dropped 7%, dragged the SOX with it. But the Dow rallied 160 points on rotation into industrials, energy, and financials. 10Y yield touched 4.63% — a one-year intraday high. Trump postponed Tuesday's Iran attack after Gulf leaders intervened. Here's what Monday meant for you.

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FinanceMon, May 18, 20265 min read

10-year hits 4.59%. Dow loses 50,000. Fed odds flip from cut to hike.

The 10-year ripped to 4.59% and the Dow surrendered 50,000 as Fed-rate-hike odds for 2026 jumped from 1% to 45% in 30 days. Plus Berkshire's first 13F under Abel — nine complete exits, a $2.65B Delta bet, and a $397B cash pile that says everything about what comes next.

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