Coinbase CEO says banks are fighting stablecoin rewards with ‘boogeyman’ issues

Coinbase CEO Brian Armstrong said banks should have to “compete on a level playing field in crypto.”
JPMorgan used AI to break down the Fed decision. It indicates the most dovish bent in years

Using AI to study language in the central bank’s statement and later remarks by Chair Powell, the bank decided the Fed is the most dovish it’s been since 2021.
NBA star Kevin Durant can’t unlock his Coinbase bitcoin account. His agent is thrilled

Houston Rockets star forward Kevin Durant can’t access his Coinbase account or the bitcoin held there. His agent says that’s a good thing.
Goldman raises price target on Tesla but still sees the stock declining

Tesla’s growth outlook could provide some support for its shares, though they may still come down a bit from current levels, according to Goldman Sachs.
Microsoft to spend $4 billion on second Wisconsin data center

Microsoft is rushing to meet artificial intelligence computing needs of OpenAI and other clients.
FCC’s Carr says Jimmy Kimmel appeared to ‘mislead’ public on Charlie Kirk killing

President Trump has praised ABC’s suspension of Jimmy Kimmel’show after its host suggested the alleged killer of Charlie Kirk was linked to his MAGA movement.
Stocks making the biggest premarket moves: Intel, Novo Nordisk, Bullish, Cracker Barrel and more

These are some of the stocks posting the largest moves in the premarket.
Jim Cramer’s top 10 things to watch in the stock market Thursday

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Hassett says Fed made ‘prudent call,’ signaling White House OK with quarter-point cut

In a CNBC interview Thursday, Hassett noted that the administration, and new Fed Governor Stephen Miran, had been pushing for a bigger reduction.
Here are Thursday’s biggest analyst calls: Nvidia, Apple, Meta, Coinbase, Alphabet, Nike, CSX, Abercrombie & Fitch & more

Here are Thursday’s biggest calls on Wall Street.