Wall Street

Finance

Can a Fed Rate Cut Boost the Magnificent Seven to New Heights?

Photo via M. Chang/ZUMAPRESS/Newscom

In a note last week, JPMorgan’s Andrew Tyler wrote that macro conditions could turn a widely-expected rate cut into a “sell the news” event.

2 min read

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Blockchain

Winklevoss Twins Seek $2.2 Billion Valuation for Gemini IPO

The pair invested early in bitcoin, becoming some of the world’s first bitcoin billionaires and launching Gemini in 2014.

2 min read
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Markets

Everyone’s Joining Big Tech’s Market Rally

Through August, Wall Street began rotating into small cap companies and sectors outside the bounds of the AI trade.

2 min read
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Economics

US Economy Is Growing More Quickly than Washington Realized

Two key forces were to thank: consumers, who spent more than original estimates, and businesses, which did the same.

2 min read

Blockchain

How Stablecoins Are Squaring the Circle a Month After GENIUS Act’s Passage

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Stablecoins are seen as a lower-risk entry point into crypto because their value is tied to another asset, usually the US dollar.

2 min read

Big Tech

Big Tech Pulls Off a Very Big Earnings Week

Photo via Thomas Fuller / SOPA Images/Sipa USA/Newscom

The reports made one thing clear: Big Tech’s big AI bet is already paying off — which explains why they can’t help but double down.

2 min read

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Energy

Exxon and Chevron, Rivals Turned Frenemies, Face Profit Pressure-Cooker

Rather than jockeying for an advantage in their weakened state, the two longtime rivals are set to work together more and more.

3 min read
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Banking

Evercore’s Purchase of Robey Warshaw May Birth Trans-Atlantic M&A Titan

The deal will help bolster Evercore’s presence in Europe, where it placed 13th by deal volume in PwC’s advisory rankings last year.

2 min read
Photo via Wiktor Dabkowski/ZUMAPRESS/Newscom

International Economics

Trump’s ‘Biggest Deal Ever’ With EU Prompts Yawn From Wall Street

The deal sets 15% baseline tariffs on EU goods and commits the bloc to buy billions of dollars worth of US energy and defense products.

2 min read

Blockchain

Goldman Sachs, BNY Bring $7 Trillion Money Market to Blockchain

Photo via Thomas Fuller/ZUMAPRESS/Newscom

The announcement comes just days after President Trump signed a law that introduces US-regulated stablecoins.

2 min read

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