Nvidia and Intel signed a far-reaching agreement to co-develop custom chips, with Nvidia taking a $5 billion equity stake in Intel. The deal could boost Intel Foundry utilization and diversify Nvidia’s silicon strategy, sending Intel shares sharply higher and rippling across hundreds of ETFs. Investors will be watching execution, capacity allocation, and customer uptake as AI demand accelerates.
Source: Seeking Alpha
Stocks notch fresh records after Fed’s 25 bp cut, as investors “don’t fight the Fed”
Equities extended gains after the Federal Reserve delivered its first 2025 rate cut, with the S&P 500 rally underscoring investor confidence in a soft-landing path. While policy makers signaled no rush to ease aggressively, traders are positioning for additional support if growth cools, even as pockets of the bond market saw yields edge higher.
Source: MarketWatch
SEC greenlights first U.S. multi-asset crypto ETP, paving way for broader access
Grayscale won approval for the first U.S. multi‑asset cryptocurrency exchange-traded product, a milestone that broadens regulated access beyond single-coin funds. The move comes as issuers prepare more products under streamlined listing standards, potentially deepening liquidity and institutional participation in digital assets.
Source: FinanceFeeds
First U.S. spot ETFs for Dogecoin and XRP launch on Cboe
REX‑Osprey debuted the DOGE (DOJE) and XRP (XRPR) spot ETFs, offering investors regulated, exchange‑traded exposure to two of crypto’s most volatile and closely watched tokens. The listings expand the ETF toolkit beyond Bitcoin and Ether and could drive fresh inflows—along with heightened price swings—in the underlying assets.
Source: FinanceFeeds
Judge rules Amazon violated consumer law in Prime billing practices
A federal judge found Amazon violated consumer law tied to Prime enrollment and cancellation flows, intensifying scrutiny of “dark pattern” subscription designs. The ruling raises regulatory risk for subscription-based platforms and could prompt changes in how large consumer tech firms manage sign‑ups and churn.
Source: Seeking Alpha
Coinbase rolls out onchain USDC lending with yields up to 10.8%
Coinbase launched a USDC onchain lending product powered by Morpho that advertises double‑digit yields, further blurring lines between centralized platforms and DeFi rails. The offering targets sophisticated users and institutions seeking dollar income on-chain, and will test demand amid evolving regulatory oversight of crypto credit products.
Source: Seeking Alpha
FedEx reinstates outlook, targets $17.20–$19 EPS for FY26 and $1B in savings
FedEx set a two‑year profit target alongside $1 billion in transformation savings as it navigates global trade headwinds and mixed freight demand. The guidance and renewed focus on cost efficiency offer a read‑through on corporate shipping trends and the health of goods flows into 2026.
Source: Seeking Alpha
You May Also Be Interested In...
Wells Fargo CIO lifts S&P 500 target, urges caution on small caps
BOJ holds rates at 0.5% as inflation eases to 2.7%
Oil edges lower as soft U.S. demand offsets supply concerns
Intel’s surge reverberates across 300+ ETFs
Analyst: Crypto ETFs could double under new SEC listing rules
Coinbase backs “Open Intents” to advance cross‑chain interoperability