U.S. equities snapped back to fresh highs, with the S&P 500 rebounding to record territory after a sharp pullback as investors rotated back into risk on easing geopolitical tensions and solid early earnings. The advance came even as intraday volatility persisted, with major averages briefly slipping before buyers reasserted control, underscoring resilient breadth into the heart of reporting season.
Source: Seeking Alpha
TSMC lifts 2026 outlook as AI demand turbocharges chip orders
Taiwan Semiconductor Manufacturing Co. raised its 2026 outlook after reporting a strong Q1, citing surging orders tied to AI accelerators and advanced nodes. The foundry leader’s upbeat guide reinforces the multi‑year capex and demand cycle in high‑end logic, with knock‑on implications for toolmakers, substrate suppliers, and hyperscale customers racing to expand AI capacity.
Source: Seeking Alpha
OpenAI to spend over $20B on Cerebras chips in major bet on alternative AI silicon
OpenAI is set to invest more than $20 billion on AI systems powered by Cerebras chips, a notable diversification away from incumbent GPU suppliers. The multiyear commitment highlights the scramble for compute amid model scale‑ups and could broaden the AI hardware ecosystem, with potential implications for cost, supply assurance, and power footprints at hyperscale.
Source: Seeking Alpha
SEC and CFTC greenlight cross‑margining for Treasuries and futures, boosting liquidity
U.S. regulators approved an expanded DTCC–CME cross‑margin framework that lets eligible customer positions in cash Treasuries and related futures be margined together, not in silos. The change should free capital, improve market liquidity and risk management, and further integrates cash and derivatives plumbing just as central clearing expands in the world’s largest bond market.
Source: FinanceFeeds
Schwab rolls out spot crypto trading to retail clients
Charles Schwab unveiled phased spot bitcoin and ether trading for retail accounts, linking new crypto accounts to existing brokerage relationships and charging a 75 bps fee. The launch brings one of the largest U.S. brokers directly into digital assets, leveraging custody controls and education to court mainstream investors even as transfers remain restricted at launch.
Source: Seeking Alpha
Northern Trust to custody tokenized assets via Canton Network
Northern Trust will integrate its digital asset platform with Digital Asset’s Canton Network to support custody and servicing for tokenized financial instruments in regulated environments. The move bridges traditional and blockchain market infrastructure, enabling lifecycle processes—issuance, settlement, and reporting—while keeping institutional controls, privacy, and interoperability intact.
Source: FinanceFeeds
Tether becomes a top on‑chain bitcoin holder and launches self‑custody wallet
Tether’s reserves now include over 97,000 BTC, making it the fifth‑largest on‑chain holder as the issuer channels up to 15% of profits into bitcoin. In parallel, the company rolled out Tether Wallet to bring self‑custody to hundreds of millions of users, aiming to streamline stablecoin and BTC payments and reduce “gas” frictions as stablecoin rails go mainstream.
Source: FinanceFeeds
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