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Finance News Summary Today — Page 74
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Fed Minutes Hint Rate Hike if Inflation Remains High
Fed officials warned that the ongoing Iran conflict could keep inflation above target, prompting a possible rate hike despite keeping the benchmark steady. The minutes revealed a split vote with four
Something very unusual is happening with Nvidia options
Nvidia’s options market is flipping the usual hedge‑first script, with short‑dated calls trading above puts and implying a $14 swing before earnings. This rare positive skew opens cheap upside‑biased
OpenAI to File Confidential IPO Prospectus Friday
OpenAI, now valued at over $850 billion, is set to confidentially file an IPO prospectus as early as Friday, working with Goldman Sachs and Morgan Stanley. The filing follows a wave of internal stream
Tether Buys SoftBank’s 26% of Twenty One Capital
Tether has bought SoftBank’s 26% stake in Bitcoin treasury firm Twenty One Capital, tightening its grip on a $3.34 billion Bitcoin holding and prompting a modest share rally. The deal, which also sees
Crypto companies are trying to leave the hype cycle for a more disciplined phase, earnings show
With Bitcoin and Ether prices sliding, crypto exchanges are scrambling to replace volatile trading income with steadier products. Robinhood’s crypto trading revenue fell 47% in Q1, while its event‑con
Bitcoin sees fresh US sell-off as markets await Nvidia 'biggest earnings event'
Bitcoin’s rally stalled at $77,700 as US traders sold off before the market open, and the Coinbase Premium Index fell to a February‑low discount of -$66.8, signaling weaker US demand. Meanwhile, the b
Warsh's Bid to Shrink Fed's $6.7T Balance Sheet Hits Limits
Kevin Warsh, set to be sworn in as Federal Reserve Chair, faces open skepticism from sitting Fed officials over his ambition to shrink the central bank's $6.7 trillion balance sheet, with colleagues w
Live markets: Nvidia earnings beat Wall Street's expectations
Nvidia’s Q1 earnings beat Wall Street, posting $81.6 billion in revenue and $1.87 EPS, which lifted its shares about 1 % after hours. The beat sparked a market rally—Dow up 500 points and oil falling—
Lowe's beats Wall Street expectations against 'challenging' housing backdrop
Lowe's posted a Q1 adjusted EPS of $3.03 and revenue of $23.08 billion, beating forecasts despite a challenging housing market and higher interest rates. The retailer reaffirmed its full‑year guidance
Nvidia Earnings Set to Swing Chip Rally
Nvidia's upcoming earnings are being portrayed as a pivotal test for the tech sector's recent rally, with analysts warning that the results could either cement the upside or trigger broader market tur
Stellantis CEO Filosa to unveil plan, stock slides 30%
Amid tight U.S. energy supplies, rapid AI expansion, and corporate debt retirements, Stellantis faces its own crossroads. CEO Antonio Filosa is set to unveil a region‑focused turnaround plan on May 21
Fed Minutes Reveal Record Dissent as Warsh Nears Chair
The Fed’s April 28‑29 minutes, due Wednesday, reveal the deepest policy rift in decades, with four dissenters split between a push for cuts and opposition to language hinting at future easing. The spl
Bitcoin’s momentum is fading: Traders have these support levels in mind
Bitcoin’s price momentum is weakening after a slide from $82,000 to around $76,000, with Swissblock, Axel Adler Jr, and Glassnode all flagging negative impulse and momentum indicators. Traders now eye
Fed Minutes: Majority Open to Rate Hike on Inflation
Fed minutes from the April 28-29 meeting show a majority of policymakers open to raising interest rates if inflation stays above the 2% target, driven by the Iran war's energy-price impact, as incomin
Bitcoin holds near $77,400 as derivatives signal caution
Bitcoin is perched around $77,400, edging up modestly after a week‑long slide, while futures open interest contracts signal traders are trimming exposure rather than piling in. At the same time, XRP’s
Nvidia Earnings Can Affirm Chip Stock Rally or Spur Market Chaos - Bloomberg.com
Nvidia’s earnings are being framed as a market inflection point. Bloomberg warns the results could cement a chip‑stock rally or unleash broader turmoil, while Reuters’ options data project a $350 bill
Gold, silver import duty up 9% as ETF premiums rise
The government has lifted import duties on gold and silver by about 9%, moving silver to a restricted status and tightening gold import controls. Prices rose 5‑6% after the announcement, but analysts
Nvidia Earnings: $78B, Vera Rubin, China Chip Relief
Nvidia is set to report its fiscal Q1 earnings, with investors eyeing its $78 billion revenue target, the rollout of its Vera Rubin AI platform, and the potential impact of eased China export rules.
US stocks fall as bond yields rise, S&P 500 third loss
AP reported that US equities slipped further from record highs as bond yields surged on inflation worries. Yahoo Finance added that the Dow and Nasdaq trimmed losses, while Reuters highlighted the S&P
Warren says OCC charters breach National Bank Act
Senator Elizabeth Warren has warned that the OCC’s fast‑track national trust charters for crypto firms—ranging from Coinbase to Ripple—violate the National Bank Act and expose the banking system to un
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