Key Takeaways Galaxy Digital shares fell 14% after Q3 results amid a broader cryptocurrency market sell-off. GLXY posted Q3 earnings of $1.12 per share, reversing a prior-year loss and beating estimates by 194.74%. Revenues climbed 231.4% year over year to $28.4B, driven by strong Digital Assets and Treasury performance. Galaxy Digital (GLXY) shares have lost 14% since the company reported third-quarter 2025 results on Oct. 21. The broader cryptocurrency market has experienced a sell-off, which has put down ...

ARMOUR Residential REIT (NYSE:ARR) Q3 2025 Earnings Call October 23, 2025 08:00 AM ET Speaker0Good day, and welcome to the ARMOUR Residential REIT Third Quarter twenty twenty five Earnings Conference Call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded. I would now like to turn the conference over to Scott Ulm, Chief Executive Officer.Please go ahead.Speaker1Good morning, and welcome to ARMOUR ...

Investors are bracing for an upcoming reading on inflation from the Bureau of Labor Statistics — a crucial piece of the U.S. economic picture in an otherwise vacuum of government data during the shutdown. ...

Federal Reserve (FED) Chair Jerome Powell spoke on Tuesday that the central bank’s three-year campaign to shrink its $6.6 trillion balance sheet could end within months, while keeping the door open for further interest rate cuts. Speaking at the National Association for Business Economics conference in Philadelphia, Powell warned Congress against eliminating the Fed’s ability to pay interest on bank reserves, stating such action would cause the central bank to “lose control over rates.” The announcement ...

Group 1 - Citigroup Inc. is considered an inexpensive stock despite its recent price increase, with a yield of 2.4% and lower multiples compared to peers [1] - Citigroup is one of the largest US banks by total assets, and recent investments in IT, compliance, and risk capabilities have pressured margins and returns, but these investments are now largely complete [3] - The bank has shown improved profitability and positive operating leverage in the recent quarter, indicating potential for better margins and returns moving forward [3] Group 2 - Hotchkis & Wiley believes Citigroup is undervalued based on normal expectations and remains attractive even if it does not fully achieve its goals [3] - There is a comparison made with certain AI stocks, which are perceived to offer greater upside potential and less downside risk than Citigroup [3]

Core Viewpoint - U.S. regulators are planning to ease capital requirements for large banks to enhance liquidity in the $29 trillion U.S. Treasury market [1][9] Proposed Capital Rule Adjustment - The Federal Reserve, FDIC, and OCC are considering lowering the enhanced supplementary leverage ratio (SLR) by up to 1.5 percentage points for major banks like JPMorgan Chase, Goldman Sachs, Morgan Stanley, and Wells Fargo [2][9] - Current capital requirements mandate U.S. banks to hold at least 3% of total exposures, with the largest banks needing an additional 2%, resulting in a minimum leverage ratio of 5% [3] - The proposed adjustment would reduce the SLR for bank holding companies from 5% to a range of 3.5% to 4.5%, while subsidiaries could see their threshold drop from 6% to the same range [4] Impact on Banks - Fed Chair Jerome Powell expressed concerns that strict capital rules may hinder banks from holding Treasuries, especially during volatile periods, as Treasuries are treated similarly to higher-risk assets [5] - Michelle Bowman, the Fed's vice chair for supervision, noted that excessively high leverage ratios could limit market activity and reduce liquidity [6] - Easing capital requirements could provide major banks with more flexibility to expand operations, particularly in lending and Treasury trading, potentially enhancing profitability by freeing up funds for investment and growth [7][8]