Big tech companies, particularly $Apple(AAPL.US)$, boosted the market despite the Federal Reserve's rate hike and the banking crisis. Financial stability concerns and cooling inflation data dampened market sentiment, leading to expectations of an interest rate cut. However, as the month progressed, stocks rebounded, driven by the AI trend. Market participants now anticipate the Fed to pause its rate hike in June due to higher inflation probability.
Monthly Bu...

$Coinbase(COIN.US)$ is waiving the conversion fees for users that wish to switch to a "trusted stablecoin" in a new campaign that highlights the quality of reserves that back Circle-owned USD Coin (USDC).
"The events of the past few weeks have put some stablecoins to the test and we’ve seen a flight to safety," Coinbase said in blog post published Friday morning Asia time. "We believe that USD Coin (USDC) is a trusted and reputable stabl...

Every single stock case people post now seems to be dependent on rates falling. Was every company they’ve ever looked at dependent on low rates to grow & generate cash flows?
A more timely question is, what stocks are attractive if rates keep rising & stay high for a few years?
$S&P 500 Index(.SPX.US)$ $ProShares UltraPro Short QQQ ETF(SQQQ.US)$ $ARK Innovation ETF(ARKK.US)$ $Apple(AAPL.US)$ $Tesla(TSLA.US)$ $USD(USDindex.FX)$ $Meta Platforms(META.US)$

$Meta Platforms(META.US)$ shares are trading lower Monday. What's going on?
Meta shares may be facing selling pressure following a New York Times report suggesting TikTok is close to reaching an agreement with U.S. lawmakers that would allow it to make changes to its data security and governance in order to avoid a sale.
According to people familiar with the matter, TikTok and the Biden administration have put together a preliminary agreement that...