Keiren Buchanan @keirenbuchanan
Bloomberg TV Executive Producer. Overseeing entire U.S. market day. NYC via London, Sydney and Singapore. bloomberg.com New York (usual disclaimers) Joined April 2009-
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Binance founder Changpeng Zhao was ordered to spend four months in prison for failures that allowed cybercriminals and terrorist groups to freely trade on the world’s largest cryptocurrency exchange. Bloomberg's @davidgura has more trib.al/5S4OQVY
*TRUMP FOUND IN CONTEMPT OF COURT FOR VIOLATING GAG ORDER Fined $1k per count - $9,000 in total
S&P's best week of the year probably does not mean #StockMarket is going higher from here $SPX
Chipotle CEO Brian Niccol said the company experienced a temporary chicken crunch. After telling employees last week not to include chicken in their own meals due to crimped supply, the chain now says its workers can go back to ordering freely trib.al/uXw4Gym
Happening today: Biden is doing a live interview with Howard Stern on Sirius XM radio.
Who needs a downside surprise on US inflation more...
Best-case scenario for PCE #inflation: 0.3% in March, as expected (actually lower than out to 3 digits). Q1 jump yesterday due to Jan/Feb revisions. We're back to status quo ante. And swaps markets have put November back in play for the #Fed:
EXCLUSIVE: Cantor Fitzgerald CEO Howard Lutnick on @BloombergTV at 12 pm New York time. He’s taking on a Wall Street giant with his new venture. Send all questions on markets, trading, crypto this way. bloomberg.com/news/articles/… (h/t @KatLeighDoherty @sridinats with the scoop)
The FTC voted Tuesday to adopt a near-total ban on non-compete provisions that prohibit workers from switching jobs within an industry, a rule the Chamber of Commerce vowed to immediately challenge in court. @tylerskendall has more trib.al/gwCXeQH
Tesla missed Wall Street estimates on earnings and revenue for the first quarter. But Elon Musk's electric car maker says they are focused on the future and a new lineup of vehicles. Ed Ludlow reports trib.al/fv6QLSC
BREAKING: Tesla shares rose in after hours trading despite an earnings miss. It will accelerate the launch of more affordable models trib.al/ka4QzLh
Ava Benny-Morrison explains what could happen to the former Binance CEO Changpeng Zhao during his sentencing next week trib.al/tHu5jvT
iPad event - May 7 apple.com/apple-events/
PepsiCo’s sales beat Wall Street expectations in the first quarter thanks to strong growth outside North America bloomberg.com/news/articles/… via @business @dasha_reports
Hamilton Lane Co-CEO Erik Hirsch says "I spend basically zero time thinking about crypto, I spend a lot of time thinking about tokenization." More crypto here: trib.al/AuFMTrP
BlackRock Global Fixed Income CIO Rick Rieder says the firm has brought down its interest rate exposure trib.al/EzNjrVQ
Is Elon Musk's robotaxi dream plunging Tesla into chaos and jeopardizing its vision of a cheap EV? @EdLudlow reports trib.al/SJZV6az
Since November, several executives have left Global X. CEO and Global Head of ETF Product Ryan O'Connor says it's a natural part of any leadership transition trib.al/USrZo2C
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