This week in crypto featured Ripple CEO Brad Garlinghouse predicting strong odds of a crypto bill's passage, Anthony Pompliano floating Bitcoin's potential $1 million trajectory, the White House taking control of stablecoin legislation talks, Elizabeth Warren clashing with crypto leaders, and Stripe-owned Bridge winning conditional federal trust bank approval.
S&P above 7,200 ATH. CAT +9%: record $63B backlog, +22% rev, AI power deal. LLY +7%: rev +56%, Mounjaro +125%, EPS beat 26%, FY raised $2B, Foundayo approved. MA: beat but Iran travel drag, −2%. April best month since 2020. SKORE: LLY 8.7 · CAT 8.5 · MA 7.0.
Oil $107 (+7%). Powell's final presser. Four Mag7 report: GOOGL +10% (Cloud +63%, backlog $460B), AMZN +5% (AWS +28%, 15-qtr high), MSFT −4% ($190B capex), META −8% (3rd capex raise, Iran DAP dip). SKORE: GOOGL 8.6 · AMZN 8.4 · MSFT 7.8 · META 6.8
The Day The Memecoin Dies Submitted by QTR's Fringe Finance I opened Twitter this morning and saw a photo of a group of guys, lanyards swinging, hoodies zipped, shuffling off to a “memecoin conference.” Which is to say we have reached the point in the batshit insanity cycle
DALLAS, TX - Ai Consulting Group, a premier technology firm specializing in high-level artificial intelligence marketing solutions, officially announced today the expansion of its proprietary AI implementation framework. As the global economy enters a pivotal era of automation, the Dallas-based Read Full Article →
