Notables |
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Notable Earnings Today: CarMax (NYSE: KMX), Lovesac (Nasdaq: LOVE), Bank7 (Nasdaq: BSVN), Byrna Technologies (Nasdaq: BYRN), Northern Technologies International (Nasdaq: NTIC). | |
Notable IPOs Today: Tianci International, Inc. Common Stock (Nasdaq: CIIT), Aether Holdings, Inc. Common Stock (Nasdaq: ATHR), Dune Acquisition Corporation II Units (Nasdaq: IPODU). | |
Notable Equity Crowdfunding Campaigns Ending Today: Sano Chemicals (StartEngine), Bibi Ji (SMBX). | |
Notable Economic Events Today: Jobless Claims (8:30 a.m. ET), Consumer Price Index / Core CPI / (8:30 a.m. ET), WASDE Report (12:00 p.m. ET), Federal Budget Balance (2:00 p.m. ET), Fed’s Balance Sheet (4:30 p.m. ET). | |
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Trends to Watch |
Crazy Times: Wild swings in Treasurys have investors worried something is about to ‘blow up’ in markets (Yahoo! Finance) |
Flying into Danger: Delta CEO says Trump tariffs are hurting bookings as airline pulls 2025 forecast (CNBC) |
1 for the Price of 3: iPhone could triple in price to $3,500 if they’re made in the US (CNN) |
Lower AI Demand: Microsoft says it’s ‘slowing or pausing’ some AI data center projects, including $1B plan for Ohio (Associated Press) |
Seeing Opportunities: Walmart CEO Doug McMillon is a rare beacon of confidence amid tariff woes—and sees a chance to grab market share (Fortune) |
Cryptos Surge Amid Tariff Pause |
It wasn’t just the stock market that benefited on Wednesday from President Trump abruptly pausing some tariffs, as cryptocurrency prices also rebounded. |
Prices: Ethereum $ETH.X ( ▲ 11.38% ) , Dogecoin $DOGE.X ( ▲ 10.7% ) , and Solana $SOL.X ( ▲ 9.97% ) also jumped more than 13% on Wednesday. |
Final Thoughts: Despite Wednesday’s surge, most crypto prices are still down in 2025. |