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Finance

Crypto Markets, Stock Analysis & Macro Intelligence

OBSIDIAN's Finance desk tracks the crossroads of crypto and traditional markets: Bitcoin price action, ETH and SOL flows, S&P 500 movers, Fed policy and the macro signals that move risk assets. AI summarization compresses earnings calls, FOMC minutes and central-bank commentary into the trading-relevant signal — refreshed continuously through the session.

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Shipping giant boss warns Iran war will have bigger impact in coming months as customers face price hikes — Finance article illustration
FinanceMacro & Fed

Shipping giant boss warns Iran war will have bigger impact in coming months as customers face price hikes

Maersk said the Iran war had introduced an "additional layer of uncertainty" as it reported first-quarter earnings on Thursday.

By James Park
Market rebound: Why some stocks are looking past the Iran war — Finance article illustration
FinanceStocks

Market rebound: Why some stocks are looking past the Iran war

The US stock market isn’t the only market that’s rebounded to record highs.

By James Park
Oil giant Shell tops quarterly profit estimates as Iran war drives price surge — Finance article illustration
FinanceMacro & Fed

Oil giant Shell tops quarterly profit estimates as Iran war drives price surge

Britain's Shell posted stronger-than-expected quarterly profit as the Iran war sent fossil fuel prices soaring.

By Elena Rossi
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Bitcoin lenders say institutions want crypto credit to look more like TradFi — Finance article illustration
FinanceCrypto

Bitcoin lenders say institutions want crypto credit to look more like TradFi

At Consensus 2026 in Miami, executives from Two Prime, Ledn and Lygos Finance said institutional borrowers increasingly prioritize custody, transparency and standardized lending structures over complex DeFi products after the crypto credit collapses of 2022.

By James Park
Trump family-backed American Bitcoin's costs dropped 23% in Q1 as mining industry pivots to AI — Finance article illustration
FinanceCrypto

Trump family-backed American Bitcoin's costs dropped 23% in Q1 as mining industry pivots to AI

The Trump family-linked miner cut its cost per Bitcoin to roughly $36,200 from $46,900 in Q4 2025, putting it among the lowest-cost public mining operations at a moment when most of its peers are toning down business.

By James Park
FTSE 100 Live: Stock markets set for slower start, Shell, BAE, JD Sports report — Finance article illustration
FinanceStocks

FTSE 100 Live: Stock markets set for slower start, Shell, BAE, JD Sports report

7.15am: FTSE 100 facing slower start, local elections in focus A slower start for the FTSE 100 has been called on Thursday, as domestic attention turns to politics with an important round of local elections that some predict could heap pressure on Keir Starmer to resign. The UK's...

By Elena Rossi
It’s not just Big Oil. Wind giants welcome profit beats as Iran war spurs energy pivot — Finance article illustration
FinanceMarkets

It’s not just Big Oil. Wind giants welcome profit beats as Iran war spurs energy pivot

Norway's Equinor told CNBC that the company expects the Iran war to deliver a boost to its transition industries.

By James Park
Ripple, JPMorgan settle first cross-border tokenized Treasury redemption on XRP Ledger — Finance article illustration
FinanceCrypto

Ripple, JPMorgan settle first cross-border tokenized Treasury redemption on XRP Ledger

The pilot, run with Ondo Finance and Mastercard, processed the redemption of Ondo's OUSG tokenized Treasury fund in under five seconds.

By Elena Rossi
Dogecoin slides 4%, bitcoin rally pauses as Iran ceasefire optimism lifts equities — Finance article illustration
FinanceCrypto

Dogecoin slides 4%, bitcoin rally pauses as Iran ceasefire optimism lifts equities

Crypto majors took a breather Thursday after a strong run, with bitcoin holding around $81,000 and ether slipping below $2,330 as global equities pushed to fresh records on hopes of a US-Iran deal.

By James Park
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SoftBank shares surge over 16% as Japan tech stock-fueled rally lifts Nikkei 225 to record highs — Finance article illustration
FinanceStocks

SoftBank shares surge over 16% as Japan tech stock-fueled rally lifts Nikkei 225 to record highs

The benchmark Nikkei 225 surged over 5% to a record high as Japan reopened after extended Golden Week holidays.

By Elena Rossi
2 Top AI Stocks To Put On Your Shortlist — Finance article illustration
FinanceStocks

2 Top AI Stocks To Put On Your Shortlist

The AI rally that’s driven the S&P 500 and Nasdaq to all-time highs has felt like it was hitting a crescedo for three years straight. But as hyperscalers push their own capital expenditure commitments higher and higher (Meta just raised their 2026 capex estimates to $145), and new entrants like Elon Musks’s SpaceX are

By James Park
Moderna Shareholders OK Directors, Executive Pay Votes and Ernst & Young as 2026 Auditor at AGM — Finance article illustration
FinanceStocks

Moderna Shareholders OK Directors, Executive Pay Votes and Ernst & Young as 2026 Auditor at AGM

Moderna (NASDAQ:MRNA) shareholders approved all four management proposals at the company’s 2026 Annual Meeting of Shareholders, including the re-election of two directors, advisory votes related to executive compensation, and the ratification of Ernst & Young as the company’s independent auditor

By Elena Rossi
Asia-Pacific markets set to climb as traders weigh Trump’s Iran threats against peace hopes — Finance article illustration
FinanceMarkets

Asia-Pacific markets set to climb as traders weigh Trump’s Iran threats against peace hopes

Asia-Pacific markets were set to climb, shrugging off renewed tensions in the Middle East.

By Elena Rossi
The S&P 500 and Nasdaq Defy Gravity And Hit Record Highs — Finance article illustration
FinanceMarkets

The S&P 500 and Nasdaq Defy Gravity And Hit Record Highs

Markets abhor uncertainty, and today both the S&P 500 and Nasdaq rallied to record highs on the hope that the anxiety and overhang from the US / Iran conflict may be coming to a close. Now, we’ve been here before. In the past few weeks seemingly imminent ceasefires, agreements, or some other abatement in tension... Th

By James Park
AI agents becoming more relevant than humans by 2035 has Big Tech 'terrified', says Hoskinson — Finance article illustration
FinanceCrypto

AI agents becoming more relevant than humans by 2035 has Big Tech 'terrified', says Hoskinson

The founder and CEO of Cardano’s Input Output said Google, Amazon and Facebook are terrified because AI agents will not behave like humans when confronted with ads.

By James Park
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Grant Cardone says bitcoin-real estate strategy could outperform REITs, adds more BTC to treasury — Finance article illustration
FinanceCrypto

Grant Cardone says bitcoin-real estate strategy could outperform REITs, adds more BTC to treasury

The real-estate mogul said the hybrid model brings new users into crypto and challenges traditional real estate structures.

By James Park
Nasdaq's president says the SEC’s new crypto stance is letting markets 'build' again — Finance article illustration
FinanceCrypto

Nasdaq's president says the SEC’s new crypto stance is letting markets 'build' again

Nasdaq’s Tal Cohen said a friendlier SEC is giving crypto firms and exchanges room to experiment with tokenization and digital market infrastructure.

By Elena Rossi
Wall Street's clearinghouse seeks 'high-performance' blockchains to tokenize corporate actions — Finance article illustration
FinanceCrypto

Wall Street's clearinghouse seeks 'high-performance' blockchains to tokenize corporate actions

DTCC CEO Frank La Salla said the clearing giant is working with layer-1 blockchains to bring millions in corporate actions like dividend payments onchain, but challenges remain.

By Elena Rossi
Anthropic CEO says 80-fold growth in first quarter explains 'difficulties with compute' — Finance article illustration
Finance

Anthropic CEO says 80-fold growth in first quarter explains 'difficulties with compute'

At Anthropic's developer conference in San Francisco, CEO Dario Amodei said the company is 'working as quickly as possible' to provide additional compute.

By James Park
Snap issues cautious guidance as Perplexity deal ends, Middle East 'geopolitical situation' causes uncertainty — Finance article illustration
FinanceStocks

Snap issues cautious guidance as Perplexity deal ends, Middle East 'geopolitical situation' causes uncertainty

Snap reported first-quarter earnings and provided cautious sales guidance while revealing it no longer has a deal with the generative AI startup Perplexity.

By James Park
Crypto’s mainstream moment has arrived, say industry leaders speaking at Consensus Miami — Finance article illustration
FinanceCrypto

Crypto’s mainstream moment has arrived, say industry leaders speaking at Consensus Miami

Executives from Binance, Revolut and Circle say crypto is evolving beyond speculation into the financial infrastructure powering payments, remittances and broader global access.

By Elena Rossi
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Sigma Lithium Corporation (SGML) Rises Yet Lags Behind Market: Some Facts Worth Knowing — Finance article illustration
FinanceStocks

Sigma Lithium Corporation (SGML) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Sigma Lithium Corporation (SGML) concluded the recent trading session at $22.85, signifying a +1.42% move from its prior day's close.

By Elena Rossi
Samsara Inc. (IOT) Stock Slides as Market Rises: Facts to Know Before You Trade — Finance article illustration
FinanceStocks

Samsara Inc. (IOT) Stock Slides as Market Rises: Facts to Know Before You Trade

In the closing of the recent trading day, Samsara Inc. (IOT) stood at $28.92, denoting a -5.02% move from the preceding trading day.

By James Park
Bitcoin’s post-quantum migration will be harder than Taproot and needs to start now, Project Eleven CEO says — Finance article illustration
FinanceCrypto

Bitcoin’s post-quantum migration will be harder than Taproot and needs to start now, Project Eleven CEO says

Alex Pruden said the asymmetry between acting on a post-quantum signature scheme today and waiting for certainty about quantum-computing hardware timelines means Bitcoin developers should move from research into production.

By James Park
Reid Hoffman says NFTs may make a comeback as AI agents strain online identity — Finance article illustration
FinanceCrypto

Reid Hoffman says NFTs may make a comeback as AI agents strain online identity

The Greylock partner and LinkedIn co-founder said autonomous agents will need crypto-based trust systems to transact across the open internet.

By James Park
DoorDash pops 12% on strong earnings, upbeat order growth guidance — Finance article illustration
FinanceStocks

DoorDash pops 12% on strong earnings, upbeat order growth guidance

DoorDash is in the middle of a massive spending initiative as it builds out a new tech platform following a string of acquisitions.

By Elena Rossi
Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe — Finance article illustration
FinanceMacro & Fed

Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe

Oil executives have warned that the supply disruption in the Middle East will soon cause actual fuel shortages in some parts of the world.

By James Park
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Apollo CEO Rowan warns of market correction, slams 'egregious' practices at rival insurers — Finance article illustration
FinanceMarkets

Apollo CEO Rowan warns of market correction, slams 'egregious' practices at rival insurers

Apollo CEO Marc Rowan warned that markets face an elevated risk of unexpected shocks, saying he is positioning the firm defensively for an expected correction.

By Elena Rossi
Nvidia to invest up to $3.2 billion in Corning as part of massive optical fiber deal with 3 new factories focused on AI — Finance article illustration
FinanceStocks

Nvidia to invest up to $3.2 billion in Corning as part of massive optical fiber deal with 3 new factories focused on AI

Corning is opening three new advanced manufacturing plants in the U.S. dedicated entirely to optical technologies for Nvidia.

By Elena Rossi
OKX joins crypto’s pre-IPO frenzy with OpenAI, SpaceX perpetual futures — Finance article illustration
FinanceCrypto

OKX joins crypto’s pre-IPO frenzy with OpenAI, SpaceX perpetual futures

Crypto exchanges are increasingly competing to offer retail traders exposure to Silicon Valley’s most valuable private firms, despite the products conferring neither equity ownership nor shareholder rights.

By James Park
Beyond humans: Lily Liu says Solana is building the payment rails for the 'AI machine economy' — Finance article illustration
FinanceCrypto

Beyond humans: Lily Liu says Solana is building the payment rails for the 'AI machine economy'

At Consensus Miami 2026, Solana Foundation President Lily Liu argued that stablecoin adoption by firms like Western Union validates Solana’s role as financial infrastructure for both human and machine economies.

By Elena Rossi
Bitcoin's price rally has a hidden rhythm. Here are the hours and days driving gains. — Finance article illustration
FinanceCrypto

Bitcoin's price rally has a hidden rhythm. Here are the hours and days driving gains.

Bitcoin’s three-month rally shows a clear internal structure than most traders might expect, with performance clustering around specific trading windows across global sessions.

By James Park
Crypto custodian Taurus moves straight into EU capital markets with MiFID license in Cyprus — Finance article illustration
FinanceCrypto

Crypto custodian Taurus moves straight into EU capital markets with MiFID license in Cyprus

The license allows the firm to offer tokenized financial instruments to EU banks as well as secondary trading for tokenized bonds, fund shares, equities, and structured products.

By James Park
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Crypto derivatives have converged with Wall Street. Equity perps could soon prove it. — Finance article illustration
FinanceCrypto

Crypto derivatives have converged with Wall Street. Equity perps could soon prove it.

Crypto and traditional finance are converging fast, with perpetual futures emerging as the strongest bridge between the two.

By Elena Rossi
Wegovy pill sales smash forecasts after launch as Novo Nordisk hikes guidance — Finance article illustration
FinanceStocks

Wegovy pill sales smash forecasts after launch as Novo Nordisk hikes guidance

Novo Nordisk raised its outlook for 2026 after a strong performance from its newly launched Wegovy pill.

By James Park
North Korea terror victims escalate fight to seize $71 million from Aave hack — Finance article illustration
FinanceDeFi

North Korea terror victims escalate fight to seize $71 million from Aave hack

In a 30-page response filed Tuesday, attorneys for victims of three North Korea terrorism cases reframed the April 18 Aave hack as fraud rather than theft — a distinction that could give the attackers legal title to the borrowed crypto.

By Elena Rossi
Kelp DAO to migrate rsETH to Chainlink CCIP as blame game continues — Finance article illustration
FinanceDeFi

Kelp DAO to migrate rsETH to Chainlink CCIP as blame game continues

Bryan Pellegrino, co-founder and CEO of LayerZero, disputed Kelp DAO’s accusations and said a postmortem by external security firms will be published soon.

By Elena Rossi
XRP above $1.42 as traders watch 2025 breakout pattern that led to 66% rally — Finance article illustration
FinanceCrypto

XRP above $1.42 as traders watch 2025 breakout pattern that led to 66% rally

Price compression near $1.42 comes as analysts point to a repeating bull flag structure and thinning liquidity conditions.

By James Park
Bitcoin tops $81,000 as Strategy mulls selling its BTC to fund dividend obligations — Finance article illustration
FinanceCrypto

Bitcoin tops $81,000 as Strategy mulls selling its BTC to fund dividend obligations

Strategy executive chairman Michael Saylor signalling a potential bitcoin sale to cover $1.5 billion in annual dividend obligations sent MSTR down 4% after hours and BTC briefly below $81,000.

By James Park
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China hosts Iran's top diplomat just days ahead of Trump's high-stakes visit — Finance article illustration
Finance

China hosts Iran's top diplomat just days ahead of Trump's high-stakes visit

Iran's Foreign Minister Abbas Araghchi trip to Beijing on Wednesday marks the first time he has visited China since the beginning of the Iran war.

By James Park
In the global AI race, a sanctioned Chinese firm says cheaper models can still win — Finance article illustration
Finance

In the global AI race, a sanctioned Chinese firm says cheaper models can still win

As China’s AI competition intensifies, SenseTime is shifting toward multimodal AI, lower-cost models and overseas expansion to remain competitive, co-founder Lin Dahua said.

By James Park
Trump pauses U.S. bid to guide ships out of Strait of Hormuz, cites Iran deal progress — Finance article illustration
Finance

Trump pauses U.S. bid to guide ships out of Strait of Hormuz, cites Iran deal progress

President Donald Trump said he is pausing "Project Freedom," the U.S. military's bid to guide commercial ships out of the Strait of Hormuz.

By James Park
Michael Saylor's Strategy signals potential bitcoin sale to fund dividends obligations — Finance article illustration
FinanceCrypto

Michael Saylor's Strategy signals potential bitcoin sale to fund dividends obligations

Michael Saylor proposes using bitcoin sales to support dividends, as Strategy reported a $12.54 billion Q1 loss.

By James Park
Stock market today: S&P 500, Nasdaq, Dow futures rise as tech earnings continue to impress — Finance article illustration
FinanceStocks

Stock market today: S&P 500, Nasdaq, Dow futures rise as tech earnings continue to impress

Major gauge futures soared following a series of record closes from US indexes.

By James Park
AMD's stock soars 15% as data center growth pushes revenue and guidance past estimates — Finance article illustration
FinanceStocks

AMD's stock soars 15% as data center growth pushes revenue and guidance past estimates

AMD's earnings report lands as investors rush into the stock on optimism that the AI boom is just getting started.

By James Park
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EV maker Lucid suspends production guidance amid incoming CEO's business review — Finance article illustration
FinanceStocks

EV maker Lucid suspends production guidance amid incoming CEO's business review

Lucid Group said it will make moves to better align its production with customer demand for its luxury all-electric vehicles.

By Elena Rossi
Super Micro stock jumps 18% on guidance beat as revenue more than doubles — Finance article illustration
FinanceStocks

Super Micro stock jumps 18% on guidance beat as revenue more than doubles

Super Micro pointed to progress in U.S. manufacturing in issuing a stronger-than-expected quarterly forecast.

By James Park
Trust in crypto remains biggest barrier to adoption, say Consensus Miami 2026 panelists — Finance article illustration
FinanceCrypto

Trust in crypto remains biggest barrier to adoption, say Consensus Miami 2026 panelists

Speakers point to complexity, poor user experience and lack of transparency as key obstacles for mainstream users.

By James Park