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Senate Banking schedules May 14 CLARITY Act crypto markup
The Senate Banking Committee will mark up the CLARITY Act on 14 May, the first committee vote on crypto market-structure legislation in 10 months, though an ethics dispute over Trump family crypto holdings threatens the bipartisan coalition.
StocksCoherent (COHR) Q3 revenue $1.81bn beats; shares fall 6% on profit miss
Coherent Corp. reported fiscal Q3 revenue of $1.81 billion, up 20.5 per cent year over year, with non-GAAP EPS of $1.41 beating Street estimates. The shares fell 6 per cent in after-hours trading as adjusted operating income missed expectations and capital spending surged to support a multiyear Nvidia supply agreement.
EconomyChina April exports jump 14.1%, smash forecasts as factories front-run tariffs
China's exports surged 14.1 per cent in April from a year earlier, more than quintupling the 2.5 per cent gain posted in March and handily beating economist forecasts of 7.9 per cent, as factories raced to ship orders ahead of potential tariff escalations and Middle East supply disruptions.
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Bitcoin ETFs see $277.5M in outflows as BTC slips below $80,000

Boston Fed's Collins warns Iran conflict will keep rates elevated into 2027

Fund Managers Add S&P 500 Longs, Trim Treasury Shorts

CoreWeave Q1 revenue beats but wider loss and soft guidance sink stock 11%

Victory Capital Q1 revenue jumps 77% to $388M, AUM tops $313bn

Fair Isaac (FICO) Q2 EPS beats by $1.53; revenue $692m, guidance raised

Bitwise ranks BNY Mellon, JPMorgan as banks with broadest crypto exposure

Houlihan Lokey FY revenue hits record $2.6bn; Q4 EPS misses

Swiss Bitcoin Reserve Referendum Fails as Campaign Misses Signature Target

Oil jumps above $102 after US-Iran fire exchange in Strait of Hormuz

S&P 500 and Nasdaq slip from records as US-Iran Hormuz exchange resumes

ECB heads into June split as Villeroy pushes back on Frankfurt hawks

30-year Treasury yield tests 5 per cent as oil, growth and rate fears converge

Coinbase Q1 revenue misses as volume drops, market share hits 8.6% record

Trump's rate-cut wishlist runs into Iran inflation and his own tariffs

Banxico cuts rate to 6.50% in split vote, signals end of easing cycle

Bitcoin slips to $79,614 as negative funding rates set 10-year record

Mercado Libre (MELI) Q1 profit slips 15.6% as fintech revenue offsets free-shipping costs

Lilly, Gilead lead $64bn pharma M&A run as 2026 deal pace eclipses 2025
