Finance

ECB Pushes Back on Looser Euro Stablecoin Rules, Citing Banking Risks According to Reuters, the European Central Bank pushed back against proposals to ease rules for euro stablecoins, warning that broader issuance could reduce bank lending

Ethereum Co-founder Joseph: Blockchain tech is the key to solving the US debt crisis On May 7, 2026, Ethereum co‑founder Joseph Lubin told the When Shift Happens podcast that moving off the gold standard created a loop among corporations,

Nasdaq Bitcoin Index options granted approval by SEC

JUST IN: 🇺🇸 SEC approves Nasdaq Bitcoin index options trading.

🇺🇸 US House Oversight Committee launches investigation into insider trading on prediction markets.

JUST IN: 🇺🇸 SEC delays plan to allow blockchain-based tokenized stocks.

SEC DELAYS PLAN TO ALLOW TRADING OF TOKENISED STOCKS DUE TO CONCERNS AND PUSHBACK: BBG

SEC DELAYS PLAN TO ALLOW TRADING OF TOKENISED STOCKS DUE TO CONCERNS AND PUSHBACK: BBG

WARSH FED ERA: CUTS PROMISED, HIKES POSSIBLE Trump picked Kevin Warsh for the Fed expecting rate cuts, but markets are now pricing the opposite. Inflation is rising, bond yields are climbing, and investors are increasingly betting the Fed

JUST IN: 🇺🇸 Pro-crypto Kevin Warsh officially sworn in as Federal Reserve Chair, replacing Jerome Powell.

WARSH: INFLATION CAN BE LOWER, GROWTH STRONG

WARSH: ~THESE YEARS CAN BRING UNMATCHED PROSPERITY

FED'S WARSH: NOT NAIVE ABOUT CHALLENGES WE FACE

KEVIN WARSH TAKES OATH AS FEDERAL RESERVE CHAIR

TRUMP: STOCK MARKET CAN DO MUCH BETTER, THINK WARSH WILL DO

TRUMP: STOCK MARKET DOING WELL MEANS WARSH IS LIKED

TRUMP: ECONOMIC GROWTH DOES NOT MEAN INFLATION

TRUMP: FED WILL MAKE THEIR OWN DECISIONS

TRUMP: WARSH WILL RESTORE CONFIDENCE IN THE FEDERAL RESERVE

TRUMP: EXPECT WARSH TO GO DOWN AS A GREAT FED CHAIR

US 2-YEAR YIELD RISES TO 4.14%, HIGHEST SINCE FEBRUARY 2025

WSJ’s Nick Timiraos Says Fed’s Waller Delivered Hawkish Speech, Doesn’t Rule Out Future Rate Hikes WSJ’s Nick Timiraos described Federal Reserve Governor Christopher Waller’s latest speech as hawkish after Waller backed removing the Fed’s

FED'S WALLER REMARKS -Have not spoken to Warsh about policy -It's crazy given recent data to be talking about rate cuts in near future

FED'S WALLER: THERE IS NO WAY WE CAN GO BACK TO THE SMALL BALANCE SHEET OF 2008

FED'S WALLER: IF EXPECTATIONS OVER 2-3-4 YEARS RISE, THAT'S A PROBLEM FOR ME

$GME - GAMESTOP BOARD ASKS SHAREHOLDERS TO INCREASE SHARE COUNT

FED SIGNALS RATE HIKES BACK ON THE TABLE Federal Reserve Governor Christopher Waller said the Fed may raise rates again if inflation stays high amid rising energy prices tied to the Iran war. Waller said rate cuts are no longer more likel

TWO-YR U.S. TREASURY YIELD NEAR SESSION HIGH AFTER DATA, LAST AT 4.123%

TRADERS FULLY PRICE QUARTER-POINT FED HIKE BY END OF 2026

TRADERS FULLY PRICE QUARTER-POINT FED HIKE BY END OF 2026

Traders now price Fed rate hikes starting as soon as October

FED'S WALLER REMARKS -No sign AI investment boom will slow -Can't dismiss risk of unanchoring inflation expectations -Can't rule out hikes if inflation doesn't abate soon -Inflation to be driving force in policy decisions ahead -Rate cut n

U.S. House Oversight Chair Launches Probe Into Kalshi and Polymarket Over Insider Trading According to CNBC, House Oversight Committee Chair James Comer announced investigations into prediction platforms Kalshi and Polymarket over potentia

🇺🇸 President Trump says "new stock market record!"

Trump: New stock market record

TRUMP SAYS "NEW STOCK MARKET RECORD!"

The Chinese government has announced severe penalties against major US stock trading platforms operating within China, confiscating all illegal gains. This could benefit centralized exchanges (CEXs) and on-chain US stock trading. China's S

Trump to swear in Kevin Warsh as Fed Chair at White House Friday, succeeding Jerome Powell

JUST IN: 🇰🇷 South Korea considers abolishing planned 22% crypto tax.

JUST IN: Billionaire Mark Cuban says he sold "most" of his Bitcoin. "Bitcoin has lost the plot."

🇺🇸 President Trump says the US will likely have to refund $149,000,000,000 in tariff revenue.

FED'S BARKIN: U.S. MAY BE 'SOMEWHAT IMMUNE' TO OIL-PRICE SHOCKS

TRUMP SAYS US WE WILL LIKELY HAVE TO PAY BACK $149B IN TARIFFS

FED RATE CUT BEFORE 2027 SLIPS TO 33% Kalshi traders now price just a 32.9% chance of a Fed rate cut before 2027, the lowest level in months. Odds have collapsed from over 90% earlier this year, with markets increasingly pricing a “higher

U.S. TREASURY FLAGS UNSCHEDULED NOTE REOPENINGS The U.S. Treasury said auction results for its 2-year and 5-year notes could trigger unscheduled reopenings of 5-year and 7-year securities if yields clear specified thresholds. The potentia

OPEC+ to approve 188,000 bpd oil output quota hike at June 7 meeting

$NVDA - NVIDIA SHARES DOWN 1% AFTER Q1 RESULTS

🇺🇸 President Trump's administration to invest $2 billion in quantum computing companies in exchange for equity stakes, WSJ reports.

MICROSOFT RISES NEARLY 2% PREMARKET

HEDGE FUNDS CASH OUT AFTER CHIP STOCK SURGE Hedge funds are taking profits on semiconductor stocks after a massive AI-driven rally, according to Goldman Sachs data cited by Bloomberg. Chip stocks were the most heavily sold US sector over

HHS LAUNCHES CRACKDOWN USING AI TO DETECT MEDICAID FRAUD AND WASTE - WSJ

SPOT GOLD FALLS 1% TO $4,507.37/OZ

🇹🇷 Turkey sold nearly all of its US Treasury holdings in March.

Walmart CFO: Number of Gas Gallons Customers Buy at Walmart Stations Fell Below 10 For First Time Since 2022 Walmart CFO: Decline in Gas Buying Is Sign of Financial Stress

🔸 $NVDA: Stifel Raises target price to $282 from $250 🔸 $NVDA: Mizuho Raises target price to $300 from $275 🔸 $NVDA: Raymond James Raises target price to $330 from $323 🔸 $NVDA: BofA Securities Raises target price to $350 from $320 🔸 $

US APRIL BUILDING PERMITS AT 1.442M; EST. 1.385M US APRIL BUILDING PERMITS RISE 5.8% M/M; PREV. -10.8% US APRIL HOUSING STARTS AT 1.465M; EST. 1.410M US APRIL HOUSING STARTS FALL 2.8% M/M; PREV. 10.8%

US JOBLESS CLAIMS -3K TO 209K IN MAY-16 WK US MAY-9 WEEK CONTINUING CLAIMS +6K TO 1,782,000

U.S. TWO-YEAR TREASURY YIELDS UP 6.6 BPS AT 4.106%

JUST IN: Claude AI developer Anthropic to pay Elon Musk's SpaceX $1.25 billion per month until May 2029.

Fed Proposes “Skinny Master Accounts” for Crypto and Fintech Firms According to crypto journalist Eleanor Terrett, the Federal Reserve has proposed a “skinny master account” framework that could allow eligible crypto and fintech firms to a

Elon Musk's SpaceX discloses holding 18,712 $BTC worth over $1.4 billion.

Elon Musk's SpaceX officially files for IPO under ticker $SPCX.

*SPACEX 1Q REVENUE $4.69B *SPACEX 1Q NET LOSS $4.28B *SPACEX: GOLDMAN, MORGAN STANLEY, BOFA LEADING SPACEX IPO

NVIDIA Q1 Revenue Rises 85% to $81.6 Billion, Guides $91 Billion for Next Quarter NVIDIA reported fiscal Q1 2027 revenue of $81.6 billion, up 85% year-over-year and 20% sequentially, while Data Center revenue increased 92% to $75.2 billion

SPACEX: WILL HAVE "CONTROLLED COMPANY" STATUS AFTER IPO, DOES NOT NEED MAJORITY OF BOARD TO BE INDEPENDENT

SPACEX INTENDS TO APPLY TO HAVE ITS SHARES LISTED ON NASDAQ UNDER SYMBOL $SPCX

ELON MUSK’S SPACEX FILES FOR NASDAQ IPO UNDER SYMBOL SPCX

ELON MUSK’S SPACEX FILES FOR NASDAQ IPO UNDER SYMBOL SPCX

SPACEX FILES S-1 REGISTRATION STATEMENT WITH U.S. SEC

ANTHROPIC EXPECTS A 130% REVENUE SURGE TO $10.9 BILLION IN THE JUNE QUARTER AND ITS FIRST OPERATING PROFIT- WSJ

ANTHROPIC’S REVENUE IS SET TO MORE THAN DOUBLE TO $10.9 BILLION IN THE SECOND QUARTER, AN EXPLOSIVE RATE OF GROWTH THAT WILL HELP IT TURN AN OPERATING PROFIT FOR THE FIRST TIME: WSJ

NVIDIA boosts dividend 25-fold and unveils $80 billion buyback after strong earnings.

*NVIDIA BOOSTS QTRLY CASH DIV TO 25C/SHR FROM 1C/SHR

*NVIDIA 1Q ADJ GROSS MARGIN 75% *NVIDIA REPORTS $80.0B ADDED SHARE BUYBACK AUTHORIZATION *NVIDIA MOVING TO A NEW REPORTING FRAMEWORK WITH TWO PLATFORMS

$NVDA - *NVIDIA 1Q REV. $81.62B, EST. $79.19B *NVIDIA 1Q ADJ EPS $1.87 *NVIDIA SEES 2Q REV. $89.18B TO $92.82B, EST. $87.36B

JUST IN: Nvidia $NVDA reports $81.6 billion in revenue for Q1 2026, higher than expectations.

NVIDIA 1Q DATA CENTER REVENUE $75.2B, EST. $73.48B NVIDIA 1Q REV. $81.62B, EST. $79.19B NVIDIA SEES 2Q REVENUE $91.0 BILLION PLUS OR MINUS 2%

FOMC Minutes: Most Officials See Longer Path Back to 2% Inflation, Further Tightening Possible if Needed The Federal Reserve’s April FOMC meeting minutes showed officials broadly viewed inflation as still running above the 2% target, with

FED MINUTES SIGNAL HAWKISH SHIFT The April Fed minutes show a growing push among officials to drop any easing bias, with concerns that inflation pressures—driven by tariffs, energy costs, and geopolitical risks in the Middle East—could kee

*FED: MAJORITY SAW HIKE LIKELY WARRANTED IF INFLATION PERSISTS *FED: SOME WERE CONCERNED INFLATION EXPECTATIONS COULD DE-ANCHOR

*FED: MANY PREFERRED REMOVING EASING BIAS FROM STATEMENT

FED MINUTES: OFFICIALS GENERALLY JUDGED RATE PAUSE WILL EXTEND LONGER THAN PREVIOUSLY THOUGHT

FED MINUTES: 'MAJORITY' OF OFFICIALS THOUGHT HIKES MAY BE NEEDED IF INFLATION PERSISTS

FED MINUTES SIGNAL HIGHER-FOR-LONGER RATE STANCE Federal Reserve minutes from the April meeting showed many policymakers wanted to remove the easing bias from the policy statement, with most signaling further tightening could be needed if

OPENAI HAS BEEN LAYING THE GROUNDWORK FOR AN OFFERING EXPECTED TO VALUE IT AT NORTH OF $1 TRILLION - FT

TREASURIES RALLY ON HOPE OF US–IRAN DEAL U.S. Treasury prices jumped and yields fell after President Donald Trump said Washington and Tehran were in the “final stages” of negotiations, raising hopes of easing tensions in global energy mark

OpenAI prepares to file for IPO in the coming days or weeks, WSJ reports.

GOAL IS FOR OPENAI TO BE READY TO GO PUBLIC AS EARLY AS SEPTEMBER - WSJ

$MSFT - OPENAI PREPARES FOR POSSIBLE IPO FILING OpenAI is reportedly working with banks including Goldman Sachs and Morgan Stanley on confidential IPO paperwork that could be filed within days. The AI company led by Sam Altman is targetin

30-YEAR TREASURY YIELDS CONTINUE DECLINE, LAST AT 5.1085%

$META - META CEO TELLS EMPLOYEES HE DOES NOT EXPECT MORE COMPANY-WIDE LAYOFFS THIS YEAR -INTERNAL MEMO

YIELD ON 10-YR U.S. TREASURY NOTE LAST DOWN 8.2 BASIS POINTS AT 4.588% US TREASURY YIELDS FALL AS US-IRAN DEAL SEEN CLOSER, 2-YEAR YIELD LAST DOWN 7.8 BASIS POINTS AT 4.045%

🇺🇸 Billionaire Jeff Bezos says the bottom half of US workers should pay zero income tax.

🇺🇸 President Trump orders US government to update regulations to integrate crypto into traditional finance and payment systems.

TARIFF REFUNDS SEEN AS DISINFLATIONARY BOOST BofA Securities says tariff refunds could act as a modest disinflationary force by cushioning higher energy and shipping costs for importers. The bank adds that any consumer impact is likely to

🇪🇺ECB SET FOR JUNE HIKE, JULY MOVE UNCERTAIN Sources say the European Central Bank is close to sealing a June rate hike decision, driven by persistent energy-driven inflation near 3%, well above its 2% target. However, officials are exp

INFLATIONARY SHOCKS REDUCE U.S. TREASURYS' SAFE-HAVEN STATUS: NOMURA ASSET MANAGEMENT INTERNATIONAL U.S. TREASURYS CAN BEHAVE MORE LIKE RISK ASSETS DURING INFLATIONARY SHOCKS: NOMURA ASSET MANAGEMENT INTERNATIONAL JUMP IN ENERGY COSTS EFF

$INTC - INTEL EXTENDS EARLY GAINS, NOW UP OVER 10%

YARDENI SAYS BULL MARKET SAFE DESPITE BOND SELLOFF Yardeni Research says rising U.S. Treasury yields are not threatening the bull market, arguing the move reflects economic strength rather than systemic risk. The 30-year yield has climbed

TRUMP: FANTASTIC ECONOMIC NUMBERS YESTERDAY