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Senate Advances Kevin Warsh’s Nomination as Fed Chair
The Senate Banking Committee advances Kevin Warsh's nomination for Fed Chair, signaling a leadership transition amid Jerome Powell's uncertain exit.
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Dollar Strengthens on Middle East Uncertainty, Ceasefire Hopes Fade
The US dollar rose for a second straight day as geopolitical tensions and high oil prices support safe-haven demand. Markets await inflation data.
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German Regulator BaFin Warns of 'Substantial' AI Cyber Risks, Launches Targeted Inspections
Germany's top financial watchdog announces new division for 'spotlight inspections' amid growing AI cyber threats to banks.
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Hedge Funds Pile into Asian Tech Stocks at Decade-High Pace
Morgan Stanley reports the heaviest weekly hedge fund buying of South Korean, Japanese, and Taiwanese equities in over ten years.
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US-Iran Tensions Threaten Global Oil Supply via Strait of Hormuz
The fragile US-Iran truce is at risk, potentially disrupting the Strait of Hormuz and driving WTI crude oil prices higher.
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Michael Burry Warns: Trim AI Tech Bets, Raise Cash Now
Scion Asset Management's Q1 2026 filing reveals $60M cash and $85M put options on NVIDIA and Tesla. Burry draws parallels to the dot-com bubble.
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SoftBank's OpenAI Debt Raises Concerns Despite Strong Earnings
SoftBank is poised for another robust quarter, but analysts worry about rising debt from its massive OpenAI stake.
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MARA Holdings Shares Slip on Q1 Revenue Miss, $1.3B Loss
Bitcoin miner MARA Holdings misses Q1 revenue estimates, posts $1.3 billion loss due to unrealized Bitcoin losses.