Pro tip for Scott Bessent from @JPSpinetto: Argentina’s latest market turmoil reflects deep, historic uncertainty that a US Treasury lifeline is unlikely to fix (via @opinion) https://t.co/f1Wx9oq7Xi ...

The Kadena organization is shutting down, and while the JP Morgan vets' blockchain will remain online, the KDA token is plummeting. https://t.co/apwwBWcciF ...

After last week's $60 million credit charge-off sent Zions Bancorporation (NASDAQ:ZION) tumbling 13% in a single day, the Utah-based lender is now telling investors to relax. Backed by better-than-expected third-quarter earnings and a wave of reassuring credit commentary, the stock is clawing back losses—and sparking debate over whether the regional banking sector's panic was overblown.Zions Shares Rebound On Strong ResultsZions reported net income of $221 million, or $1.48 per share, for the third quarter ...

Market Trends & Global Economy - US indices finished up more than 1% yesterday, but exhaustion is expected today [1] - NASDAQ 100 is up 20% year-to-date, and the S&P is up 14.5% [2] - The 10-year yield is firmly below 4%, with the 30-year down 4.55% and the two-year yield at 3.45% [2][3] - The UK government borrowed $96 million more than forecast in the first six months of the fiscal year [23] Rare Earths & Trade - The U S is turning to Australia for a supply of rare earths with a landmark pact, the biggest deal of its kind between two Western nations [1][9] - China increased its rare earth export restrictions, putting the world on notice it has control over the supply chains [10] - Australia has the capacity to produce about 1/10 of what China can in terms of rare earth processing [12] - The U S Army has asked private equity to pitch strategic projects to help service fund $150 billion infrastructure overhaul [38] Corporate Earnings & Individual Movers - Regional banks are showing better-than-expected earnings, with Zions erasing its drop after last week [4][5] - Core Scientific shares are up 3.5% in premarket because a key proxy advisor has advised them to reject the bid from Coreweave [6] - DocGo shares are up 32% after announcing it has acquired Steady MD, a telehealth provider [7] - Unilever pushed back its merger with Magnum Ice Cream due to the government shutdown [62] - Pop Mart reported strong earnings following the release of a new series of Labubu dolls [63] AI & Technology - Core Scientific is changing from a Bitcoin miner to infrastructure for AI computing capacity [6] - European enterprises need to adopt AI solutions more quickly, with some clients taking six months to sign a deal [29] - The market is grappling with the dual mandate of efficiency and productivity gains from AI impacting the bottom line [50] - Ongoing AI spending is being monetized with additional attention on supply chain indicators, book-to-bill ratios, and data center power timelines [49] Japan - Sanae Takaichi has won the parliamentary vote to become Japan's first female Prime Minister [15][41] - A more positive attitude toward stimulus is expected from the new Japanese administration [16][18] - The Yen is above 151, and JGB's are under pressure [21]

There is a vibe shift happening in America right now. Entrepreneurs and investors are stepping up to the plate. They're pouring trillions of dollars into various industries with one single macro goal.Ensure the United States of America continues to lead on the global stage. We saw two major announcements that further solidify the vibe shift. First, Jaime Diamond and JP Morgan.They've committed to investing 1.5% trillion into 27 different industries that they deem critical to the success of our country. The ...

Bitcoin hit an ATH of $1.3 trillion market cap last cycleat the time, the $BTC market cap was just 10.7% of gold'sbut back then, we didn’t have:- the US government aggressively pushing crypto- Congress passing the most favorable crypto regulations in history- a host of other countries actively pushing favorable crypto frameworks- the crypto market getting aggressively integrated into TradFi rails- financial behemoths like BlackRock, Fidelity, JP Morgan, and others embracing crypto- corporate treasuries TWAP ...

We do have these credit issues which are hanging over the markets. I think everybody at this point recognizes that. The key questions at this point being are they idiosyncratic and overblown or is this something more widespread.The cockroach issue as Jamie Diamond suggested this week and saying there usually isn't only one. We're trying to figure out investors are I think the markets are. What other issues are there.We've been talking about this on this show for the better part of the last 3 weeks since Sep ...

Market Trends & Financial System Concerns - Regional bank stocks experienced declines, particularly Zion Bank and Western Alliance Bank, due to fraud concerns related to loans for distressed commercial mortgages [2] - First Republic Bank's failure has impacted boutique investment banks and major lenders like Jefferies [3] - Market sentiment is unnerved by banking stress amidst record valuations driven by AI hype and expectations of Federal Reserve rate cuts [4] - Crypto market is experiencing a significant sell-off, potentially due to leveraged trades and long liquidations [23][24] Regional Bank Rebound & Performance - Zion Bank saw a rebound of approximately 35% after experiencing a 13% loss, following an upgrade from neutral to buy, but is still down 15% over the last 10 days and last month [5][6] - Western Alliance also rebounded by about 2% after a decline of around 11% [7] - Regional banks are mostly in the green, with the NASDAQ regional banking index (KBW, ticker KRX) opening roughly flat [7] US-China Trade & Market Indices - Market indices initially indicated a lower open but saw renewed hope following President Trump's comments on US-China trade tensions [9] - The Dow Jones Industrial Average is trying to hold onto momentum, while the Nasdaq is down approximately 0510% and the S&P 500 is down about 0210% [8] - The VIX index, a fear gauge, is up 47%, reaching levels seen in April, indicating market volatility [10] American Express & Banking Stress - American Express exceeded earnings per share (EPS) estimates, driven by strong demand for its revamped platinum card despite a $200 price increase [14] - American Express does not foresee any blowback from the banking stress, citing one-time losses at other banks and a delinquency rate of 13% across its global business [14][15] Salesforce Performance & AI Impact - Salesforce's stock is down 26% year-to-date, despite the AI boom benefiting other tech stocks [16][36] - KPMG's latest AI poll survey showed that the share of firms that are now adopting AI agents has tripled to something like 42% now amongst large companies and the average enterprise investment in AI is now 130 million [38] Starbucks & AI Integration - Starbucks is using AI in its "green dot" barista assistant to help store leaders navigate operations and provide support [45][46] - Starbucks is experimenting with AI in voice, vision, inventory, and supply chain management, but these applications are not yet at scale [46] - Starbucks is remodeling over a thousand restaurants this fiscal year to enhance the customer experience and create a "third place" environment [63]

🚨 CMC Market Pulse: Flash Crash Liquidates $40B.BTC -12.3%, ETH -12.8%! $16.7B in official liquidations, analysts say closer to $40B. Amundi enters crypto. JP Morgan preps trading desk. Metaplanet dips below mNAV 1.Let’s break down this week’s chaos 🧵1/6 https://t.co/kSs5T3Xd32 ...

What is your view of the regional banks. Are you concerned about the entire space right now or do you have concerns about the entire space or is it just individual names that you think investors should be worried about. >> Well, I mean, you never know, Frank, but it looks like a tempest in a teapot, if you will, because you're talking about with Western Alliance, you know, and Zion's very small and sort of oneoff.It looks like at the moment 60 million. And I think what we know about what's happened in the i ...