Nvidia's stock decline, Macy's earnings top estimates

Market Trends & Investment Opportunities - The market is acutely focused on the 30-year US Treasury yield as it crept toward the 5% level, influencing tech stocks like Nvidia [1] - Google and Apple are experiencing early gains following a judge's ruling that Google doesn't have to sell its Chrome browser [1] - Small-cap stocks may benefit from the Fed potentially cutting interest rates in a strong growth environment [18] - Gold and silver are experiencing gains, with JP Morgan suggesting long-term higher gold prices, especially if Fed independence is questioned [15] Company Performance & Strategy - Nvidia's stock has experienced a sell-off, wiping out $286 billion in market cap, and is below the key 50-day moving average [1][2] - Dollar Tree saw same-store sales rise 65% due to strong traffic as consumers traded down, while Macy's sales rose slightly but earnings exceeded estimates [3] - McDonald's is set to spend an incremental $40 million in marketing support for its new value platform, with combo meals priced 15% less than individual items [36] - eBay's stock trades at a 159% P/E ratio, a discount to the S&P 500's 22 times multiple, with double-digit sales gains in its collectibles business [37] Economic Factors & Global Debt - Rising yields for overseas debt, particularly in the UK where 30-year bond yields hit 575%, the highest since 1998, are putting pressure on government spending [1][8] - Global debt reached $324 trillion in Q1 of this year, with China, France, and Germany identified as main contributors [12] - The dollar, bonds, and their impact on equities are key factors to watch [14]