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The Strait of Hormuz is back in focus after failed weekend negotiations has US stock indices down about 0.6%, oil and the up roughly 7%, and declining from the key $74K level. At the same time, earnings season is set to begin. kicked off the season by reporting this morning (more on that below), while JPMorgan, Citigroup, Wells Fargo, Bank of America, Johnson & Johnson, ASML, Netflix, Taiwan Semiconductor, and PepsiCo all stand out this week. Stock prices have moved lower even as earnings estimates have continued higher, and while price tends to lead fundamentals, it’s also prone to overreaction.…

Election winner Peter Magyar said Hungary’s adoption is in the nation’s interest, adding he wasn’t able to give a specific target date for the switchover.

Ministers are planning to fundamentally reshape Britain’s relationship with the European Union, with new legislation that could result in the UK signing up to EU single market rules without a normal parliamentary vote.In a major development in the prime minister’s push for closer ties with the continent after the Iran war, the Guardian understands ministers are bracing to face down opposition to “dynamic alignment” with the EU from those who “scream treason” over the powers in a new EU-UK reset bill.After weeks of Donald Trump’s war with Iran that have exposed the fragility of the UK’s damaged special relationship with…

The governor of the Central Bank of Iceland has called on the country’s workers to stop asking for above-average pay hikes.In a speech on April 9 addressing the bank’s 65th annual meeting, Ásgeir Jónsson highlighted the problems that persistent wage growth had caused for the institution’s monetary policy committee.Over the past five years, wages had risen by 7% per year, with real disposable incomes increasing by 4.6% on an annual basis, the governor said. He pointed out that Icelanders were Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To…

Commodity Futures Trading Commission Chairman Mike Selig told CoinDesk that the agency will continue to defend its “exclusive regulatory authority” to oversee prediction markets in court. “It doesn’t matter if it’s on sports, politics or anything else, if it’s a validly offered product within a CFTC-regulated exchange, then we regulate that,” Selig said.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.NASHVILLE, Tenn. — The Commodity Futures Trading Commission is just defending its territory in suing states over prediction markets, the regulator’s head told CoinDesk.CFTC Chairman…

It’s been a volatile run for , with shares down almost 40% so far this year. Even so, the stock is still up about 50% over the past year and even traded below $5 as recently as May 2023. So what’s the story behind this roughly $20 billion bank?SoFi Technologies is a digital financial services company that offers banking, lending, investing, and other money-management products through a single app. It positions itself as a one-stop platform aimed at helping members borrow, save, spend, invest, and protect their money. Source: Fiscal.ai, eToro. 4/9/2026When SoFi began trading publicly in 2020, the stock…

The recovery in the U.S. stock market since the beginning of April could soon face its first critical test, as the first-quarter corporate earnings season is about to get underway.

IonQ (NYSE: IONQ) just delivered huge growth, stronger commercial traction, and a much bigger backlog, yet the stock is still trading far below its high. That disconnect could be the biggest opportunity in the story right now.Stock prices used were the market prices of April 2, 2026. The video was published on April 11, 2026.Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »Should you buy stock in IonQ right now? Before you buy stock in IonQ,…

The failure of the US and Iran to reach a peace deal after marathon negotiations has put markets on alert for further oil and gas price rises.With large numbers of oil tankers remaining stuck in the Gulf, the US vice-president, JD Vance, blamed the collapse of the talks on Tehran’s refusal to abandon its nuclear weapons programme, while Iranian sources hit back at “excessive” demands from Washington.Vance, who left Islamabad on Sunday morning after 21 hours of talks with Iranian officials in the Pakistani capital, said his team had been very clear on its red lines as hopes faded of…

On Jim Continenza’s first day on the job as Eastman Kodak executive chairman in 2019, he got a call from a star Hollywood filmmaker telling him the company was making a big mistake.The photography technology company was in the process of shutting down its acetate factory, which makes one of the key ingredients used in film. Christopher Nolan, the director behind major movies like “Inception” and “Oppenheimer,” urged Continenza to stop the process.”He goes, ‘Do not turn this off. Please take a look.’ And I did,” Continenza, now CEO, told CNBC. “He was right. I started looking at it because…