Key Points Markets are pricing in a near-zero chance that the Federal Reserve will be cutting interest rates at this meeting — or any other in the near future. Updates to economic and rate projections also aren’t expected to show anything dramatic when the decision is released Wednesday at 2 p.m. ET. On top of […]
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Key Points Mastercard said it agreed to acquire stablecoin infrastructure startup BVNK for up to $1.8 billion — including $300 million in performance-contingent payments — in its biggest crypto deal ever. The deal gives the payments giant the ability to connect traditional rails with blockchain-based systems supporting stablecoins and tokenized deposits. BVNK, founded in 2021 […]
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Check out the companies making the biggest moves premarket: Nvidia — The chipmaker traded slightly higher after CEO Jensen Huang said he expects orders for its Blackwell and Vera Rubin chips to reach $1 trillion through 2027. Delta Air Lines — Shares traded more than 4% higher after the company raised its first-quarter revenue growth […]
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