Driven by intensifying competition in advanced manufacturing, the world is waking up to “China shock 2.0”. The first “shock”, associated with China’s accession to the World Trade Organization in 2001, focused on low-tech manufacturing. Of course, this latest “shock” isn’t framed as such by Chinese policymakers. They present it as an upgrade in export strength, often described as a shift from the “...
Driven by intensifying competition in advanced manufacturing, the world is waking up to “China shock 2.0”. The first “shock”, associated with China’s accession to the World Trade Organization in 2001, focused on low-tech manufacturing. Of course, this latest “shock” isn’t framed as such by Chinese policymakers. They present it as an upgrade in export strength, often described as a shift from the “old three” of textiles, furniture and home appliances to the “new three” of electric vehicles,...
Tether Reports $1.04B Profit In Q1 As Treasury Holdings Top $140BN Authored by Nate Kostar via CoinTelegraph.com, Stablecoin issuer Tether (USDT) reported $1.04 billion in net profit for the first quarter of 2026, as its excess reserves rose to a record $8.23 billion, according to its latest attestation on Friday. The company said its reserves remain heavily concentrated in US Treasuries, with aro...
Tether Reports $1.04B Profit In Q1 As Treasury Holdings Top $140BN Authored by Nate Kostar via CoinTelegraph.com, Stablecoin issuer Tether (USDT) reported $1.04 billion in net profit for the first quarter of 2026, as its excess reserves rose to a record $8.23 billion, according to its latest attestation on Friday. The company said its reserves remain heavily concentrated in US Treasuries, with around $141 billion in direct and indirect exposure, while total assets of about $191.8 billion exceeded liabilities of approximately $183.5 billion as of March 31. Tether said this level of exposure makes it the 17th largest holder of US Treasuries globally. Beyond Treasuries, reserves included about $20 billion in physical gold and $7 billion in Bitcoin (BTC). USDT circulating supply remained broadly stable at about $183 billion at the end of the first quarter. After the period, CEO Paolo Ardoino said supply has increased by more than $5 billion into April. Tether said its proprietary investments are held separately from reserves backing USDT (USDT) and are funded through excess capital and profits. The report was prepared by accounting firm BDO. The company also said it has begun the formal audit process . Tether is the issuer of USDT (USDT), the largest stablecoin by market capitalization. According to DefiLlama data , the total stablecoin market is valued at about $320 billion, with USDT accounting for roughly 59% of the sector. Total stablecoins market cap. Source: DefiLlama Demand for digital dollars rises in emerging markets Ardoino said in a post on X on Friday that USDT’s user base reached an all-time high of about 570 million in the first quarter, citing demand for dollars across emerging markets. In Latin America, stablecoins accounted for 40% of crypto purchases in 2025, surpassing Bitcoin’s 18% share, according to a report released by Bitso this week based on data from its nearly 10 million retail users. The report described the trend as “digital dollarization,” ...
Energy prices are volatile right now, as news from the Middle East's geopolitical conflict has investor emotions running high. That said, the tensions have led to a swift increase in oil prices, which is very good news for pure-play energy producers like Diamondback Energy (NASDAQ: FANG) . Long-term investors might still find a more diversified energy company, such as Chevron (NYSE: CVX) , prefera...
Energy prices are volatile right now, as news from the Middle East's geopolitical conflict has investor emotions running high. That said, the tensions have led to a swift increase in oil prices, which is very good news for pure-play energy producers like Diamondback Energy (NASDAQ: FANG) . Long-term investors might still find a more diversified energy company, such as Chevron (NYSE: CVX) , preferable. Here's what you need to know. It would hardly be a mistake to buy Diamondback Energy. It is a well-run business that has proven it can survive the typical swings in the energy sector . Right now, however, the industry is benefiting from high oil prices, which have driven the stock up around 30% so far in 2026, as of this writing. The company hasn't reported first-quarter earnings yet, but given the rise in oil and natural gas prices, they are likely to be good reading. Continue reading
Amazon (AMZN) gave Wall Street a lot to like, and BofA analysts have responded in kind. The bank kept its buy rating on Amazon stock, while raising its price target to $310 from $298, implying roughy 18% upside from its recent $263 level. Three primary drivers anchoring the call include a robust ...
Amazon (AMZN) gave Wall Street a lot to like, and BofA analysts have responded in kind. The bank kept its buy rating on Amazon stock, while raising its price target to $310 from $298, implying roughy 18% upside from its recent $263 level. Three primary drivers anchoring the call include a robust ...