Banks are reportedly hedging against the possibility that stablecoins could become widely adopted under President Trump, who dubbed himself the ‘Crypto President’.
Septerna, Intellia, and Novavax have garnered investor attention for their significant upside potential, but investors should beware the risks as well.
Top U.S. banks are contemplating a joint venture to issue a dollar-pegged stablecoin in an attempt to counter the increasing competition from the cryptocurrency sector, according to a report dated Thurday, May 22.
Dimon noted that the full impact of Trump’s tariffs on the economy is not apparent yet, even as some analysts expressed optimism about the outlook for U.S. equities.
For the first time since 2023, the Oracle of Omaha is using the confidential tag to build a stake in a company without investors knowing which stock it is.
Meta just laid out its five key AI initiatives. Meta's execution on them may determine whether it gains or loses hundreds of billions in value long-term.
Jim Lebenthal of Cerity Partners mentioned that Adobe crossed above the 50-day moving average and believes it will continue to have positive growth. Louise Pentland was appointed as chief legal officer at Adobe. Joseph M. Terranova sees Microsoft as the best stock in the market, supported by Citigroup's Buy rating. Kinetik has a 7% dividend yield and Kinsale Capital was named as a final trade by Joshua Brown. Both companies had better-than-expected earnings. Adobe closed at $404.69, Microsoft at $453.13, Kinetik at $45.20, and Kinsale Capital at $459.57.
