>> THE COUNTDOWN IS ON. EVERYTHING YOU NEED TO GET THE EDGE OF THE END OF THE MARKET DAY. THIS IS "THE CLOSE." ROMAINE: NO MERCY, NO MALICE.INVESTORS GET READY FOR A MAKE OR BREAK WEEK. LIVE FROM STUDIO 2 IN NEW YORK. KATIE: WE'RE KICKING OFF THE CLOSING BELL IN THE U.S..A DOWN DAY TO START THE WEEK. THE S&P 500 OFF BY .7%. A LOT OF THE WEAKNESS COMING THROUGH IN YOUR TECH NAMES.NASDAQ 100 OFF BY 1.8%. THE BIG ACTION IS UNDERWAY IN CRUDE OIL, HIGHER BY ABOUT 9%. TRADING ABOVE $80 A BARREL.WE HEARD FROM THE ...

Macroeconomic & Geopolitical Trends - Oil prices surged due to escalating US-Iran tensions, complicating the Federal Reserve's policy outlook and fueling inflation concerns [1][2] - Federal Reserve Governor Christopher Waller signaled potential further interest rate hikes if inflation data exceeds expectations [5] - Economists are calling for policy interventions to mitigate economic disruption and job displacement risks driven by artificial intelligence [8] Corporate Financial Performance & Earnings - Major US banks anticipate robust revenue driven by the SpaceX IPO and market volatility: JP Morgan Chase (EPS $5.71, Revenue $50.194 billion), Bank of America (EPS $1.13, Revenue $30.746 billion), and Goldman Sachs (EPS $14.40, Revenue $16.125 billion) [3][4] - Meta Platforms announced a $50 billion investment in a Louisiana data center to expand AI infrastructure [5] - Volkswagen initiated a major restructuring plan involving up to 100,000 job cuts worldwide without plant closures [4] Industry Developments & Regulatory Scrutiny - Technology sector tensions escalated as Apple filed a lawsuit against OpenAI for alleged trade secret misappropriation [2] - US regulators issued new guidance requiring banks to tighten credit risk assessments for lending to immigrants without work authorization [6] - Insider transactions included Shark Ninja director selling over 2.668 million shares for over $41 million, and United Micro Electronics CFO selling 1.9 million shares for approximately $294 million [8]

SCARLET: WELCOME TO BLOOMBERG ETF IQ. KATIE: WE HAVE A LITTLE BIT OF A MINI SPECIAL IN THE FIRST HALF OF TODAY'S SHOW. SCARLET: ON THE SECOND DAY OF TRADING FOR SK HYNIX ADR, WE WILL TALK ABOUT LEVERAGE SINGLE STOCK ETF'S.KATIE: THIS ECOSYSTEM THAT ERUPTED AROUND THESE HIGHLY LEVERAGED NAMES. LET'S GET TO THE BIGGEST STORIES RIGHT NOW IN THE ETF INDUSTRY. MORE TROUBLE IN THE TECH SECTOR.SK HYNIX LEADS A TRIP SELLOFF TODAY AFTER ITS WALL STREET DEBUT LAST WEEK. SCARLET: WE DISCUSSED HOW THE DEBUT HAS LED TO ...

LATEST: 🇬🇧 BlackRock, Goldman Sachs, JPMorgan and Morgan Stanley have joined a 54-firm UK Treasury task force to advance tokenization in UK financial markets. https://t.co/YxIDWUKoJH ...

I'm Jessica Edinger. CNBC stocks were lower Monday as oil prices surged. Investors are watching oil amid new US Iran tension.President Trump reinstating a blockade in the straight of Hormuz. And he says a 20% toll on cargo that wants to move through. The Dow was down 138 points led lower by shares of Nvidia which were down three and a half%.The S&P 500 index down 60 points 8/10en of a percent. The Nasdaq falling 48 points 1 and a half%. Chip makers struggled on Monday.Intel down 6%, Micron, AMD, and Broadco ...

Market Outlook and Sector Trends - Analysts maintain a bullish stance on the banking sector, anticipating earnings beats driven by capital markets and trading activities, while noting potential risks from deposit cost surprises and higher transactional fees [1] - Investor positioning in Goldman Sachs and Morgan Stanley is considered highly crowded, with the former up 20% and the latter up 25% year-to-date [4] - Market participants are employing a "long Goldman, short Morgan Stanley" strategy to balance exposure to capital markets against valuations based on tangible book multiples [5] - Regional banks face acute pressure from deposit growth challenges, with loan growth currently outpacing deposit growth by a ratio of 2 to 1 [10][11] Earnings Expectations and Valuation - Buy-side "whisper numbers" for Goldman Sachs and JPMorgan Chase exceed consensus estimates, creating a high bar for performance and increasing the risk of market disappointment [3][7] - Wells Fargo is identified as an undervalued opportunity, as the market remains skeptical of its ability to meet the $50 billion net interest income target despite management's reiterations [8][9] - Potential earnings downgrades loom for banks if interest rates remain high at the short end of the curve, negatively impacting deposit costs [12] Corporate Governance and Succession Risk - JPMorgan Chase faces significant "key man risk" as investors seek clarity on Jamie Dimon’s retirement timeline and the future leadership structure [15][19] - The bank's succession strategy involves grooming Troy Rohrbaugh and Doug Petno for top roles, though the market requires time to digest the transition following the departure of previous potential successors [16][22][23] - JPMorgan Chase maintains strong performance with returns on tangible common equity exceeding 20%, supported by a deep talent pool despite ongoing questions regarding the spokesperson role for the broader financial industry [17][20]

RT None (@None)Ethereum L1 hosts ~$25B in tokenized assets.More than any other public network, before even counting its growing L2 ecosystem.That concentration of live assets, combined with Ethereum’s proven resilience, liquidity, and institutional ecosystem, is why the world’s largest banks and asset managers keep choosing Ethereum.Banks:→ JPMorgan→ Bank of China→ BNP Paribas→ Crédit Agricole→ Santander→ UBS→ Société Générale→ Morgan Stanley→ Standard Chartered→ BNY→ ANZ→ European Investment Bank→ ABN AMRO ...

Industry Collaboration and Strategic Initiatives - BlackRock, Goldman Sachs, JPMorgan, Morgan Stanley, Ripple, and 49 other firms have joined the UK's tokenization taskforce [1] - The taskforce aims to develop live tokenization use cases across financial markets [1] Market Participation Scale - A total of 54 firms (including 5 major financial institutions and 49 additional entities) are participating in the initiative [1]

UK pulls Ripple and Wall Street into a plan to tokenize repo and giltsA Treasury-backed report put @Ripple alongside @BlackRock, @jpmorgan and @GoldmanSachs in a 54-firm push to move UK wholesale markets onchain. First target: tokenized repo. Then gilts and funds.The report frames it as a race Britain loses if the standards settle offshore. The prize: up to £33 billion a year in added output by 2035. That figure is a ceiling, not a base case.The first live repo trial isn't due until spring 2027. On wholesal ...

The Epstein files “raise serious questions regarding the extent of the bank’s relationship with Epstein, and your knowledge of these ties,” Sen. Elizabeth Warren told Jamie Dimon, the chairman and CEO of JPMorgan Chase & Co. https://t.co/BdzAailaJz📸: Angela Weiss/AFP via Getty Images ...