Economic Insights & Analysis | T47 Group | Phoenix AZ

Activist Investor Irenic Builds Stake in Snap, Calls for Changes

Activist investor Irenic Capital Management has built a position in social media company Snap Inc. and is pushing for changes to improve financial and operating performance.

Dollar Wraps Up Best Month Since July Amid War in Middle East

Anya Andrianova

The dollar finishes its best month since July as war in the Middle East upends energy markets, buffets economic forecasts, and sends investors rushing to the world’s primary reserve currency.

Markets Rally on Hopes of Iran War Ending

Stocks rallied into the close on Tuesday on hopes that the war in Iran could be coming to an end. Iran’s official news agency said the country’s president was willing to end its war with America. Kailey Leinz has more. (Source: Bloomberg)

Stocks Climb, Oil Falls on Hopes War Is Near End: Markets Wrap

Wall Street staged a dramatic comeback at the end of March, with stocks climbing as oil fell on hopes that the war that has jolted global markets and disrupted energy supplies may be nearing a conclusion.

Iran War Threatens to Wreck Trump Dream of Lower Interest Rates

Daniel Flatley, Michael MacKenzie, Miles J. Herszenhorn

Treasury Secretary Scott Bessent’s benchmark financial asset — 10-year US Treasuries — are poised to mark their biggest monthly tumble since Donald Trump returned to the White House, casting a shadow over the economic outlook as the administration struggles to contain an energy crisis.

Traders Trigger Euphoric Rally With Iran, Trump Seeking Exit

Geoffrey Morgan

Stock traders triggered a euphoric rally on Tuesday afternoon, piling into US equities after Iran’s official news agency said the country’s president was willing to end its war with America.

Goldman Tells Clients Eager to Short Loans Its Tool Isn’t Ready

Reshmi Basu, Carmen Arroyo

Goldman Sachs Group Inc. has told clients eager to short leveraged loans that a product it’s developing to bet against the $1.4 trillion market isn’t yet ready.

JPMorgan Amends $7.2 Billion Sealed Air Deal After Pushback

Jeannine Amodeo, Gowri Gurumurthy, Katherine Schwartz

Banks led by JPMorgan Chase & Co. changed the terms of their $7.2 billion debt offering to fund the buyout of Sealed Air Corp., in a bid to break a stalemate with investors who have balked at some of the deal’s provisions.

Canadian Stocks Rise by Most in a Year on Hopes War Almost Over

Stephanie Hughes, Geoffrey Morgan

Canadian stocks are about to notch their most exuberant trading session in nearly a year after reports suggested that the president of Iran is ready to end the war.

SpaceX Lead IPO Banks to Hold Kick-Off Meeting Monday, IFR Reports

Investment banks leading SpaceX’s initial public offering are planning a meeting on Monday, April 6 with the broader syndicate working to prepare for the deal, International Financing Review reported, citing people familiar with the process.

Activist Investor Irenic Builds Stake in Snap, Calls for Changes

Activist investor Irenic Capital Management has built a position in social media company Snap Inc. and is pushing for changes to improve financial and operating performance.

OpenAI Valued at $852 Billion After Completing $122 Billion Round

Shirin Ghaffary

OpenAI has completed a deal to raise $122 billion from investors at an $852 billion valuation, marking the company’s largest funding round to date by far and bolstering its costly push for more chips, data centers and talent.

Verizon Stokes Wireless ‘Heated Rivalry’ With Connor Storrie Ad

Verizon Communications Inc. tapped Connor Storrie, the co-star of the steamy hockey drama Heated Rivalry, for its latest marketing effort, a short-film ad that instantly exploded on the internet.

SpaceX Lead IPO Banks to Hold Kick-Off Meeting Monday, IFR Reports

Investment banks leading SpaceX’s initial public offering are planning a meeting on Monday, April 6 with the broader syndicate working to prepare for the deal, International Financing Review reported, citing people familiar with the process.

What To Expect From the Artemis II Launch

NASA says there's an 80% chance the Artemis II mission will launch on Wednesday from Cape Canaveral in Florida. Bloomberg's Loren Grush is there with more on what to watch for. (Source: Bloomberg)

Prediction Markets Shouldn't Include Everything: Smarkets

Jason Trost, CEO of Smarkets, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss the recent pushback against prediction markets. (Source: Bloomberg)

Crypto Get Easier Path to 401(k)s

Bloomberg's Loukia Gyftopoulou, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Companies offering alternative assets in retirement savings plans would get more legal protection under a new Trump administration proposal. The changes could make it easier for 401(k) plans to include private credit, private equity, crypto and real estate investments. (Source: Bloomberg)

SEC Shakeup Renews Dispute Over Crypto Enforcement

Bloomberg Law's Ben Miller joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The abrupt departure of the SEC’s enforcement chief is stirring speculation about who will serve as its next top cop, adding to scrutiny over plunging enforcement numbers and cases dropped against crypto defendants tied to President Donald Trump. (Source: Bloomberg)

Fed’s Barr Flags Stablecoin Risks As Agencies Ready Rules

Katanga Johnson, Miguel Ambriz

Federal Reserve Governor Michael Barr said stablecoins present some areas of concern tied to potential money laundering and financial stability risks, in a warning for banking agencies as officials craft regulations.

Musk Faces New Setback in Lawsuits Over 2022 Twitter Buyout

Twitter shareholders gained traction in another lawsuit against Elon Musk over the run up to his 2022 buyout of the social media platform, with a judge granting class-action status to the investors.

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