Financial Markets
Samsung Posts Record Q1 Revenue and Profit as AI Memory Demand Soars
Samsung posted record Q1 revenue and operating profit as AI-driven memory demand and HBM4 shipments powered a surge in semiconductor earnings.
Finance
Markets, economy, and industry.
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Industry
Tether Proposes Merging Twenty One Capital, Strike and Elektron Energy Into One Listed Bitcoin Company
Tether Investments proposed combining public bitcoin firm Twenty One Capital with Jack Mallers’ Strike and miner Elektron Energy to form a listed crypto company.
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Financial Markets
Robinhood Q1 Revenue Up 15% as Crypto Revenue Falls 47%, Shares Slip
Robinhood reported Q1 revenue up 15% to $1.07B but crypto revenue plunged 47% and app crypto volume fell 48%, sending HOOD shares lower after-hours.
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Economy
Bank of Japan Holds Rate at 0.75% as Vote Reveals Sharper Split on Further Tightening
The BOJ kept its policy rate at 0.75% on April 28, but a 6-3 vote exposed growing support among board members for higher rates.
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Financial Markets
SEC Chairman Says Agency Is “On the Cusp” of an ‘Innovation Exemption’ to Allow Tokenized Securities Trading
SEC Chair Paul S. Atkins said the agency is close to an ‘innovation exemption’ to permit a limited, compliant path for trading tokenized securities on-chain.
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Economy
Canada Announces C$25 Billion "Canada Strong Fund" as First Federal Sovereign Wealth Vehicle
Prime Minister Mark Carney unveils the Canada Strong Fund, a C$25 billion federal investment vehicle to back energy, minerals, agriculture and infrastructure.
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Financial Markets
Army Master Sgt. Gannon Ken Van Dyke Charged With Insider Trading on Polymarket, CFTC Says
CFTC and Manhattan prosecutors say an Army master sergeant used classified info from a 2026 operation to earn over $400,000 trading on Polymarket.
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Financial Markets
U.S. and CFTC sue New York to block state enforcement against prediction markets
The CFTC and U.S. sued New York seeking a federal ruling that event contracts are covered by federal commodities law, not state gambling rules.
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Industry
Interior Schedules June 5 ANWR Coastal Plain Lease Sale — First Under 2025 Law
Interior schedules an ANWR Coastal Plain oil-and-gas lease sale for June 5 — the first required under a 2025 law that mandates repeated auctions despite weak bids and pending litigation.
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Financial Markets
U.S. Spot Bitcoin ETFs Post Eight-Day Inflow Streak Through April 23, Adding About $2.1 Billion
U.S. spot Bitcoin ETFs recorded eight straight days of inflows through April 23, drawing about $2.1 billion and roughly 19,000 BTC, led by BlackRock's IBIT.
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Industry
Teamsters picket Amazon delivery sites in Los Angeles and Queens over alleged retaliation
Teamsters picketed Amazon facilities in Los Angeles and Queens, saying Amazon canceled a DSP contract after drivers unionized; NLRB cases are pending.
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Industry
Japan to Release Second Tranche of National Oil Reserves, Shipments Start May 1
Japan will release 5.8 million kiloliters — about 20 days of use — from national reserves starting May 1 to steady supplies amid Middle East disruption.
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Industry
U.S. Banking Regulators Finalize Rule Lowering Community Bank Leverage Ratio to 8%
Federal regulators finalized a rule lowering the Community Bank Leverage Ratio to 8% and lengthening the grace period for small banks.
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Industry
Golden Pass LNG Ships First Export Cargo on April 22, Adding U.S. Capacity
Golden Pass LNG loaded its first cargo on April 22 at Sabine Pass, Texas, becoming the 10th U.S. export terminal and boosting exports by ~2.1 Bcf/d.
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Financial Markets
Boeing posts near break-even quarter as backlog hits record $695 billion
Boeing posted a small Q1 net loss and negative free cash flow as deliveries, defense revenue and backlog rose to a record $695 billion.
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Industry
Longtime Xbox Executive Kiki Wolfkill Leaves Microsoft After 28 Years
Kiki Wolfkill, Xbox’s head of IP expansion and longtime Halo executive producer, left Microsoft on April 17 after nearly 28 years; next role unannounced.
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Industry
Army Discloses $2.7 Billion Dark Eagle Production Award but Leaves Contractor Unnamed
Army announced a $2.7 billion production contract for the Dark Eagle hypersonic glide body tied to an accelerated FY2026 fielding, but did not name the contractor.
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Economy
Bank of Korea Governor Hyun Song Shin Outlines Four‑Point Agenda Emphasizing Prudence, Stability and CBDC Expansion
In his inaugural address, Bank of Korea Governor Hyun Song Shin set a four‑part agenda: prudent, flexible policy; stronger financial‑stability monitoring; boosting the won in digital payments; and deeper research on Korea’s structural challenges.
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Financial Markets
RTX Raises 2026 Sales and EPS Outlook After 10% Organic Q1 Growth
RTX raised its 2026 adjusted sales and EPS guidance after reporting 10% organic Q1 sales growth, rising backlog and stronger margins across its businesses.
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Industry
Pompano Beach UNFI Warehouse Ratifies First Teamsters Contract with 31% Raise
More than 200 UNFI warehouse workers in Pompano Beach ratified a five-year Teamsters contract with a 31% wage increase, pension and Teamsters health care.