Latest News

It was an interesting day in FX, with the yen strengthening by more than 1% against the dollar and the Swiss franc gaining 80 bps.

While retail investors were pulling money out of Bitcoin ETFs earlier this month, sovereign wealth funds, hedge funds and public companies were aggressively loading up on bitcoin on the open market.

SoFi Technologies Inc has rallied more than 35% in recent weeks.

The regional Fed reports suggest that yellow caution flag is very likely to be hoisted when the April reports come out.

The oil markets had a mixed day today.

As the market grinds - and, today, pauses - it’s all to easy to step out ahead and tip your hand early.

Okta shares are rising in extended trading Monday following an announcement that the company will be added to the S&P MidCap 400.

Semiconductor testing company Teradyne (NASDAQ:TER) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 14.3% year on year to $685.7 million. The company expects next quarter’s revenue to be around $645 million, close to analysts’ estimates. Its non-GAAP profit of $0.75 per share was 21.8% above analysts’ consensus estimates.

Waste management services provider Waste Management (NYSE:WM) fell short of the market’s revenue expectations in Q1 CY2025, but sales rose 16.7% year on year to $6.02 billion. Its non-GAAP profit of $1.67 per share was 5.2% above analysts’ consensus estimates.

Analysts still see IBM as undervalued. However, there is no guarantee that this upside will happen quickly, or even over the next year.

Despite tariff drama in 2025 so far market moves are modest.