Lucas Bennett

BoE and Fed Officials Clash Over Stablecoin Future at Dubrovnik Panel

Bank of England policymaker Megan Greene and US Federal Reserve policymaker Christopher Waller publicly disagreed on Sunday in Dubrovnik, Croatia, over whether stablecoins have a future in digital payments. Greene predicted that tokenised deposits will replace stablecoins within five years, while Wa

STABLE9.55%

35m ago

Morgan Stanley Recommends Energy, Gold, Infrastructure for Portfolio Diversification

Stocks

Metals

Commodities

Morgan Stanley's private wealth managing director Kathleen Entwistle revealed the bank is diversifying client portfolios beyond the technology sector by allocating funds to energy, infrastructure, and gold. In an interview with CNBC Television, Entwistle addressed client concerns about

1h ago

S&P 500 Rises 5.2% in May as AI-Driven Tech Stocks Surge

Stocks

Indices

AI Industry News

The S&P 500 rose 5.2% in May, closing with record highs and a ninth-straight weekly gain as of Friday. The Nasdaq Composite gained 8.4% during the month. The rally was driven by information technology stocks, which surged 16% for the year, led by companies repositioning themselves for AI data

2h ago

Ed Yardeni Raises S&P 500 Year-End Target to 8,250 Citing Earnings Momentum

Indices

Stocks

Ed Yardeni, president of Yardeni Research, raised his year-end target for the S&P 500 to 8,250 in a CNBC interview. Yardeni attributed the upward revision to sustained earnings momentum, which he termed 'fabulous earnings momentum' or FEMO, rather than speculative investor behavior. The strategist e

SPX500-0.1%

4h ago

Samsung Electronics Market Cap Surpasses Bitcoin at $1.479 Trillion

Stocks

Samsung Electronics' market capitalization surpassed Bitcoin's total market cap on May 1st, according to data from Companies Market Cap. Samsung's market cap reached approximately $1.479 trillion (about 2,242 trillion won), exceeding Bitcoin's total market cap of approximately $1.473 trillion (about

BTC-2.65%

11h ago

SpaceX Plans $2 Trillion IPO with 30-90 Day Insider Lockup Periods

Stocks

SpaceX is reportedly preparing for a public offering that could reach a valuation near $2 trillion, with internal discussions pointing toward insider lockup periods as short as 30 to 90 days, far below the industry standard 180-day window. The unconventional lockup structure aims to provide faster l

20h ago

Florida Candidate Liquidates $800K in Bitcoin for Congressional Campaign

Geopolitics

Republican fintech entrepreneur Michael Carbonara liquidated 10 Bitcoin for $800,000 this month to help fund his campaign for Florida's 22nd Congressional District. Carbonara, who founded digital banking company Ibanera in 2017, converted the Bitcoin to Circle's USDC stablecoin, according to a campa

BTC-2.65%

USDC-0.03%

MEME-2.74%

21h ago

BoE and Fed Officials Clash Over Stablecoin Future at Dubrovnik Panel

Previous

Morgan Stanley Recommends Energy, Gold, Infrastructure for Portfolio Diversification

S&P 500 Rises 5.2% in May as AI-Driven Tech Stocks Surge

Ed Yardeni Raises S&P 500 Year-End Target to 8,250 Citing Earnings Momentum

Samsung Electronics Market Cap Surpasses Bitcoin at $1.479 Trillion

SpaceX Plans $2 Trillion IPO with 30-90 Day Insider Lockup Periods

Florida Candidate Liquidates $800K in Bitcoin for Congressional Campaign