Happy Friday Zingernation! If at first, you don’t succeed, then try again. And if the second time ain’t working out either, then it’s time to hit the road, Jack. Which is exactly what billionaire Jack Dorsey decided to do.

-Aaron Bry and Nic Chahine

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MARKET SNAPSHOT

Yesterday: Was a strong day for stocks as Wall Street once again appeared optimistic about the prospect of rate cuts at some point this year.

On Our Radar: Consumer sentiment numbers will come out at 10 AM ET, and then we’ll hear from various Fed speakers throughout the day.

Plus: Looking to learn more about options? Join options master Nic Chahine on SUNDAY at 1:00 PM ET! Click here to claim your free ticket.

TOP STORY

Google's New Rival May Finally Be Here

In Short: ChatGPT parent OpenAI is reportedly set to announce its AI-powered search product on Monday, potentially intensifying its rivalry with Alphabet’s Google.

The Timing: The announcement is subject to change and it might coincide with the day preceding Google’s annual I/O conference, scheduled for Tuesday. Google is anticipated to reveal numerous AI-related products during the conference, reported Reuters.

Zooming In: Previously, it was reported that OpenAI’s search product is an extension of the company’s AI-powered chatbot, ChatGPT, and allows it to directly pull information from the web and include citations.

Why It Matters: OpenAI’s move to develop a web search tool was first reported in February. At the time it was reported that OpenAI was taking assistance from Bing to work on a web search tool aimed at offering direct competition to Google.

Click here for the full scoop.

PRESENTED BY TRADERS ALLIANCE

Multimillionaire Investor: "Hands Down the Most Lucrative Discovery of My Entire Career"

Peabody Award-winning journalist Bill Tucker sat down with a reclusive multimillionaire trader... 858 miles OUTSIDE of Wall Street... to discuss a revolutionary new trading strategy that involves...

One ticker... one trade... every week.

The fast-hitting profit potential is extraordinary.

FIVE ZINGERS

Quality Over Quantity: Amid market volatility, Jim Cramer urged viewers to stick with good companies, and to be selective when making investments.

My Bad: Apple admitted that it missed the mark with its latest iPad commercial, and decided to pull it entirely.

Shining Bright: Array Technologies, a clean-energy stock in the solar space, reported strong earnings, sending the stock higher.

Searching For A Sequel: AMC’s stock dipped yesterday after the company’s earnings report, and is now back at pre-meme-rally levels.

Sweet Like Honey: Bumble shares spiked more than 10% yesterday after the dating app reported strong earnings.

ONE FOR THE ROAD

Tesla Cybertrucks Stopped At Border On Suspicion Of Being Smuggled Into Russia

Basically: Electric vehicle leader Tesla began delivering its highly anticipated Cybertruck pickup truck in November. One potentially wealthy Russian recently attempted to smuggle two of the cars into Russia.

Some Context: The Cybertruck remains in high demand among many Tesla fans with some individuals even buying reservation places in line to get the vehicle on eBay. The vehicle is only available in the U.S. and has a long waiting list.

The Details: While consumers might be willing to pay extra to get their hands on a Cybertruck, one potentially wealthy Russian took it a bit further and attempted to smuggle two Cybertrucks into the country. The Lithuanian customs office shared that it detained two Cybertrucks at a checkpoint bordering Lithuania and Belarus. As shared via a Facebook video, the customs office believes the vehicles may have been headed to Russia.

Why It Matters: While the Cybertruck is not for sale in Europe, Tesla will be doing a marketing tour of the vehicle in May and June.

Click here to read more.

PRESENTED BY TRADERS ALLIANCE

Multimillionaire Investor: "Hands Down the Most Lucrative Discovery of My Entire Career"

Peabody Award-winning journalist Bill Tucker sat down with a reclusive multimillionaire trader... 858 miles OUTSIDE of Wall Street... to discuss a revolutionary new trading strategy that involves...

One ticker... one trade... every week.

The fast-hitting profit potential is extraordinary.