NVIDIA said it expects $91B in Q2 revenue and authorized an $80B share repurchase while lifting its quarterly dividend to $0.25, underscoring still-surging demand for AI compute. The results and guide come as the stock carries the largest short position in the S&P 500 and remains the market’s bellwether for AI-driven capex and earnings momentum.
Source: Seeking Alpha
Intuit to cut 17% of workforce; sets FY26 revenue outlook
Intuit outlined FY2026 revenue of $21.34B–$21.37B and announced plans to reduce headcount by 17% as it retools around AI and streamlines operations. The move highlights how even well-capitalized software leaders are reshaping cost bases to fund AI initiatives and protect margins.
Source: Seeking Alpha
Fed explores new ‘payment account’ to widen access to clearing and settlement
The Federal Reserve is seeking to establish a “payment account” framework for eligible firms to clear and settle payments, a step that could broaden access to core rails beyond traditional banks. If adopted, the model would mark a significant shift in U.S. market plumbing with implications for fintechs, digital-asset firms, and liquidity management.
Source: Seeking Alpha
Oil whipsaws: U.S. crude drops back below $100 on Iran optimism; tankers exit Hormuz
U.S. crude fell back below $100 as signs of easing Middle East tensions and reports of supertankers exiting the Strait of Hormuz tempered supply fears. The move follows one of the most volatile periods for energy markets this year, with oil a key swing factor for inflation, rates, and equity risk appetite.
Source: Seeking Alpha
SEC weighs ‘innovation exemption’ to let tokenized stocks trade on crypto venues
The SEC is preparing a framework that could allow tokenized versions of equities to trade on crypto platforms under an “innovation exemption,” testing whether blockchain rails can support equity-linked instruments at scale. While broadening access, the plan raises questions around investor protections and price discovery when tokens reference stock prices but may not carry shareholder rights.
Source: FinanceFeeds
ICE to list GPU compute futures, turning AI capacity into a hedgable commodity
Intercontinental Exchange and Ornn plan U.S. dollar–denominated, cash-settled futures tied to spot prices for AI compute (e.g., Nvidia H100/H200/B200), citing a need for standardized benchmarks and risk-transfer tools. As AI demand strains availability and pricing, the contracts could help operators, labs, and investors manage cost volatility similar to energy or bandwidth.
Source: FinanceFeeds
Bank of England fast-tracks stablecoin rulebook for systemic payment rails
The BoE will publish draft rules next month and aims to finalize a framework by year end for systemic stablecoins, pivoting from wallet caps to aggregate issuance controls while setting capital and ring-fencing standards. The move positions the UK to balance innovation with safeguards as private digital money scales into mainstream payments.
Source: FinanceFeeds
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