A large Bitcoin transfer to Binance raises speculation about potential selling pressure or market impact. An unknown wallet transferred 1,051 BTC, valued at approximately $85.5 million, to Binance. The move could signal an intent to liquidate or trade the assets, though th
The bank rolls out a pilot program allowing E*Trade clients to trade cryptocurrencies with a 50-basis-point transaction fee. Morgan Stanley has initiated a pilot program enabling E*Trade clients to trade cryptocurrencies with a fee of 50 basis points per transaction. The m
A large Bitcoin transfer to Binance may signal potential selling pressure or exchange liquidity adjustments. An unknown wallet transferred 1,469 BTC, valued at approximately $119.6 million USD, to Binance. The move could indicate preparations for a large trade or liquidati
The company projects a 20%-22% adjusted EBITDA margin for Q2, driven by pricing actions in its roofing segment. Owens Corning expects second-quarter revenue of $2.6 billion to $2.7 billion, reflecting steady demand in its roofing business. The company anticipates an adjust
The UAE reaffirms its right to pursue independent defense partnerships, responding to Iranian scrutiny over regional alliances. The United Arab Emirates has informed Iran that its defense partnerships and foreign ties are a sovereign matter, rejecting external interference
Strong quarterly results from AMD drive gains in AI-related equities, pushing major U.S. indexes to record closes. The S&P 500 and Nasdaq reached all-time highs, driven by a rally in AI-linked stocks following better-than-expected earnings from AMD. The chipmaker’s results
Carry trade: Profit-taking risk builds into H2 – BNY BNY’s Geoff Yu notes that the iFlow Carry index briefly turned negatively significant as investors sold nine of fifteen high-yield currencies, suggesting growing profit-taking after a resilient...
BNY data shows profit-taking in nine of fifteen high-yield currencies, signaling caution ahead of H2 market shifts. Investors are scaling back carry trades after a strong run, with BNY’s iFlow Carry index briefly turning negative. The move reflects growing profit-taking in
Crypto exchange OKX will offer synthetic exposure to private AI and tech company valuations through derivatives contracts.
Anthropic signs Elon Musk's SpaceX for Colossus 1 compute ahead of June IPO The Claude maker said Tuesday it would use all the compute capacity at SpaceX's Colossus 1 data center, the latest partnership stitched onto its AI infrastructure buildout.
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