21:32 2025-04-04
Barclays: Cutting the number of Fed rate cuts in 2026 from three to twoBarclays: The expected number of rate cuts by the Federal Reserve in 2026 has been reduced from three to two, each of 25 basis points. Economist Marc Giannoni and others still expect the FOMC to cut rates by 25 basis points in June and September this year, but the path of such rates is very uncertain.
21:29 2025-04-04
Hedge funds suffer worst margin call since 2020Hedge funds suffered their biggest margin call since 2020 after global financial marekts tumbled as a result of Trump's tariffs. Wall Street banks have asked their hedge fund clients to put up more money as collateral for loans as the value of their holdings plummets, according to three people familiar with the matter.
21:29 2025-04-04
Analysts: Don't expect the Federal Reserve to come to the rescue anytime soonThe futures market had raised the odds of a rate cut to about 50 per cent at the Fed's next meeting on May 6-7, but that dropped to about 30 per cent after Mr. Powell spoke. Market participants wanted to see so-called Fed Put options, in which the Fed cuts interest rates to appease struggling markets, but on Friday they...
21:29 2025-04-04
JP Morgan Chase: 5100 points could be entry point for S & P 500 indexJPMorgan analyst David Lebovitz said U.S. stocks have hit a low buying range as he believes the U.S. will still avoid a tariff-induced recession. Lebovitz has been waiting for the S & P 500 to hit 5,100, which fell below that level on Friday afternoon. He is far from "fully betting" on U.S. stocks and believes the risk of a U.S. recession is rising. But Lebovitz said he could take advantage of the recent stock market sell-off to add a modest position at current trading levels. "The more stocks.....
21:26 2025-04-04
Pump.fun reopen live streaming to 5% of users and implement stricter moderation rulesPump.fun once again opened up live streaming to 5% of its users and strengthened its live stream moderation policy. The platform now bans and will terminate streaming that includes violence, harassment, sexual content and endangering youth, among other listed activities. It will also suspend individuals who violate these rules from live streaming or using Pump.fun in the future, according to the platform's website.
20:47 2025-04-04
SEC issues guidance on stablecoins, saying "regulated stablecoins" are not securitiesThe Securities Exchange Commission (SEC) company finance division has just issued guidance on stablecoins.
The agency coined a new term - "Covered Stablecoins" - to refer to those that "maintain a 1:1 stable value relative to the U.S. dollar, can be exchanged for dollars at a 1:1 ratio (i.e., one stablecoin to one dollar), and are held in reserves by low-risk, high-liquidity...
20:25 2025-04-04
The three major U.S. stock indexes all closed down more than 5%, and the Nasdaq entered a technical bear marketThe three major U.S. stock indexes closed sharply lower, with the S & P 500 index falling 5.97%, its largest one-day decline since March 2020; the week ended down 9.1%, its largest weekly decline since March 2020. The Nasdaq index fell 5.82%, down more than 20% from its historical high closing record, confirming that it has entered a technical bear market range. The Dow fell 5.50%, closing more than 10% below its historical high closing record, confirming that it has entered a correction range. ...
19:22 2025-04-04
Google has announced the Sec-Gemini V1 modelGoogle (GOOG. O): Announced the Sec-Gemini V1 model, a new experimental artificial intelligence model designed to advance the frontier of cyber security artificial intelligence.