It was the week Wall Street got its swagger back. Stocks staged a gravity-defying rebound to wipe out all losses from April’s tariff shock, Corporate America unleashed billions in pent-up bond sales and speculative assets surged. https://www.bloomberg.com/news/articles/2025-05-02/in-wall-street-s-epic-comeback-unsolved-market-mysteries-abound?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
In Wall Street’s Epic Comeback, Unsolved Market Mysteries Abound
It was the week Wall Street got its swagger back. Stocks staged a gravity-defying rebound to wipe out all losses from April’s tariff shock, Corporate America unleashed billions in pent-up bond sales and speculative assets from crypto to unprofitable tech…
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Andrew Cuomo holds $3 million of undisclosed options in a startup that aspires to build portable nuclear reactors https://www.bloomberg.com/news/articles/2025-05-02/andrew-cuomo-holds-3-million-of-undisclosed-stock-options-in-nuclear-startup?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Cuomo Holds $3 Million of Undisclosed Options in Nuclear Startup
Former New York Governor Andrew Cuomo has $3 million in options to a shoestring nuclear startup that he failed to disclose to an ethics board as he mounts a comeback bid to be the mayor of New York City.
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Buffett to Step Down from Berkshire Hathaway at Year-End https://www.bloomberg.com/news/articles/2025-05-03/warren-buffett-to-step-down-from-berkshire-hathaway-at-year-end?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Buffett to Step Down Following Six-Decade Run Atop Berkshire
Warren Buffett, who built Berkshire Hathaway Inc. into a business valued at more than $1.16 trillion and himself into a celebrity billionaire renowned for his investing acumen and witticisms, will step down at year-end after six decades atop the conglomerate.
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The government of Maldives said it plans to build an $8.8 billion financial hub backed by Dubai-based MBS Global Investments as the country seeks to address a debt crisis https://www.bloomberg.com/news/articles/2025-05-04/maldives-plans-8-8-billion-financial-hub-backed-by-qatari-royal?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Maldives Plans $8.8 Billion Financial Hub Backed by Qatari Royal
The government of Maldives said it plans to build an $8.8 billion financial hub backed by Dubai-based MBS Global Investments as the country seeks to address a debt crisis.
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Get up to speed on what's moving global markets https://www.bloomberg.com/news/articles/2025-05-04/oil-slumps-after-opec-agrees-another-supply-surge-markets-wrap?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Stocks Fall After Historic Run as Trade Risks Loom: Markets Wrap
A historic stock-market run came to a halt as President Donald Trump’s latest tariff remarks provided little relief to investors bracing for the impacts of his trade war on the economy and corporate earnings.
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A little-known team within high-speed trading giant Tower Research Capital is quietly bulking up its bets on cryptocurrencies https://www.bloomberg.com/news/articles/2025-05-05/tower-research-ramps-up-crypto-bets-through-limestone-unit-amid-market-rebound?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Tower Research Ramps Up Crypto Bets Amid Market Rebound
A little-known team within high-speed trading giant Tower Research Capital is quietly bulking up its bets on cryptocurrencies, as institutional players regain their appetite for digital assets following President Donald Trump’s embrace of the industry.
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A bipartisan alliance backing stablecoin legislation shattered in the US Senate as a key group of Democrats threatened to filibuster a bill that Republicans had hoped to pass this month — unless “numerous” fixes are made https://www.bloomberg.com/news/articles/2025-05-05/stablecoin-coalition-cracks-as-democrats-threaten-to-filibuster?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Stablecoin Coalition Cracks as Democrats Threaten to Filibuster
A bipartisan alliance backing stablecoin legislation shattered in the US Senate as a key group of Democrats threatened to block a bill that Republicans had hoped to pass this month — unless “numerous” fixes are made.
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EToro Group and some of its shareholders are seeking to raise as much as $500 million in a US initial public offering https://www.bloomberg.com/news/articles/2025-05-05/robinhood-rival-etoro-group-backers-seek-500-million-in-us-ipo?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Robinhood Rival EToro Group and Its Backers Seek $500 Million in US IPO
EToro Group Ltd. and some of its shareholders are seeking to raise as much as $500 million in a US initial public offering, after the trading and investment platform paused its listing plans amid tariff-related stock volatility.
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Digital-asset trading firm Crossover Markets is preparing to expand in the US as President Donald Trump’s pro-industry agenda drives renewed institutional interest in cryptocurrencies https://www.bloomberg.com/news/articles/2025-05-05/crossover-markets-prepares-to-launch-in-crypto-friendly-us?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Crossover Markets Prepares to Launch in Crypto-Friendly US
Digital-asset trading firm Crossover Markets Group Inc. is preparing to debut its platform in the US as President Donald Trump’s pro-industry agenda drives institutional interest in cryptocurrencies and sets the stage for more favorable regulations in the…
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Get up to speed on what's moving global markets https://www.bloomberg.com/news/articles/2025-05-05/stock-market-today-dow-s-p-live-updates?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Stocks Fall as Tariff Angst Spurs Gains in Bonds: Markets Wrap
Wall Street’s risk-off mode prevailed in the run-up to the Federal Reserve decision, with stocks falling and bonds rising as President Donald Trump’s tariff remarks failed to ease worries that his trade war will cause economic damage.
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Figment is looking for acquisition targets, potentially extending a flurry of dealmaking in the digital-assets space triggered by President Donald Trump’s pro-crypto agenda https://www.bloomberg.com/news/articles/2025-05-06/staking-firm-figment-hunts-acquisitions-amid-crypto-deal-spree?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Staking Firm Figment Hunts Acquisitions Amid Crypto Deal Spree
Figment is looking for acquisition targets, potentially extending a flurry of dealmaking in the digital-assets space triggered by President Donald Trump’s pro-crypto agenda.
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The Swiss franc’s appreciation has been very noticeable and policymakers remain ready to intervene in foreign-exchange markets if needed for price stability, according to central bank President Martin Schlegel https://www.bloomberg.com/news/articles/2025-05-06/swiss-franc-has-really-strengthened-a-lot-snb-s-schlegel-says?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Swiss Franc Really Strengthened a Lot, SNB’s Schlegel Says
The Swiss franc’s appreciation has been very noticeable and policymakers remain ready to intervene in foreign-exchange markets if needed for price stability, according to central bank President Martin Schlegel.
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The dollar's sudden weakness has set off a chain reaction across Asian currency markets, triggering sharp moves and causing policymakers to react https://www.bloomberg.com/news/newsletters/2025-05-06/asia-feels-the-knock-on-effects-of-the-dollar-s-tumble?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Asia Feels the Knock-On Effects of the Dollar’s Tumble
Beijing pushes back against letting the yuan strengthen, helping restore calm to Asian currency markets.
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Michelle Bowman’s nomination to become the Federal Reserve’s top bank cop was advanced by the Senate Banking Committee Tuesday, moving her one step closer to a confirmation vote https://www.bloomberg.com/news/articles/2025-05-06/senate-panel-advances-bowman-nomination-to-be-fed-s-top-bank-cop?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Senate Panel Advances Bowman Nomination to Be Fed’s Top Bank Cop
Michelle Bowman’s nomination to become the Federal Reserve’s top bank cop was advanced by the Senate Banking Committee Tuesday, moving her one step closer to a confirmation vote.
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NewLimit, the longevity startup founded by the Coinbase CEO Brian Armstrong that’s aiming to extend human life through reprogramming human genes, raised a new round of funding that values the company at $810 million https://www.bloomberg.com/news/articles/2025-05-06/brian-armstrong-s-human-life-extension-venture-raises-fresh-cash?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Brian Armstrong’s Human Life Extension Venture Raises Fresh Cash
Brian Armstrong’s NewLimit, the longevity startup founded by the Coinbase Inc. executive that’s aiming to extend human life through reprogramming human genes, raised a new round of funding that values the company at $810 million.
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Eric Trump was joined by some heavyweights of the crypto world as he pitched World Liberty Financial in Dubai, @Suvajourno writes in the @Crypto newsletter https://www.bloomberg.com/news/newsletters/2025-05-06/eric-trump-touts-crypto-stablecoin-in-dubai-s-power-lounges?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Eric Trump Touts Crypto Stablecoin in Dubai’s Power Lounges
Suvashree Ghosh reports on Eric Trump rubbing elbows with some big shots of the crypto world at last week’s conference in Dubai.
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