Economist and market commentator Peter Schiff slammed Vice President JD Vance’s support for Bitcoin (CRYPTO: BTC) at an ongoing cryptocurrency conference Wednesday.
GBP/USD pared further gains on Wednesday, stumbling for a second straight session and easing back below 1.3500 after a failed attempt to recapture 1.3600 earlier this week.
U.S. stock futures are rallying Wednesday evening after a Federal Court ruled that President Donald Trump overstepped his authority with the "Liberation Day" tariffs imposed at the beginning of April.
ARK Invest, led by Cathie Wood, made significant trades involving Tesla and Tempus AI amid insider sales and short seller scrutiny. $5.6 million in Tesla shares sold, $13.36 million in Tempus AI shares bought on Wednesday May 28, 2025.
We discuss the growing global pressures in bond markets, especially rising yields in countries like Japan and the UK, and how these shifts could spark volatility in U.S. equities by mid-June.
It was somewhat of a quiet day in the precious metals markets on Wednesday, with the gold futures down $2.30 to $3,326, while the silver futures are down 15 cents at $33.15.
Stocks finished the day lower as implied volatility surged ahead of Nvidia’s earnings. The VIX 1-day jumped to roughly 19.5, significantly higher than yesterday’s level of 13.
The stock market is a complex machine powered by investor sentiment, corporate earnings, fiscal health, and macroeconomic conditions. Right now, all four of these engines are being tested.
Earlier this year, the company switched to a monthly dividend from quarterly. It now pays $0.25 per share each month, which comes to $3.00 per year or a 12.3% yield.
