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FTX & Binance CEO's Both Sentenced 📱GME TWST 📈 EXPE NET 📉

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flowbank.com

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research@flowbank.com

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Mon, May 6, 2024 06:32 AM

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FlowBank's hand-curated fresh financial news Crypto Titans: Divergent Sentences & Future Paths The l

FlowBank's hand-curated fresh financial news [header_noDither] Crypto Titans: Divergent Sentences & Future Paths The long-standing rivalry between cryptocurrency titans concluded with Binance founder Changpeng Zhao receiving a four-month prison sentence, while FTX’s Sam Bankman-Fried faced 25 years. Despite advocating for decentralized currencies, their differing sentences reflect their distinct business approaches and personal histories. Zhao pleaded guilty to regulatory failures, contrasting with Bankman-Fried's conviction for financial misconduct. As Zhao looks to merge blockchain with biotech, FTX grapples with ongoing legal challenges, including unresolved SEC issues and incarcerated employees in Nigeria awaiting trial. WHAT'S MOVING [Group 1742 (85)] [Start Trading](113/cXx8Z04/VVMLtR5MPsdlV74h-J6hDHjHW2NZxg55dM0yfN3wqV782-ZVTW6N1vHY6lZ3lDVxy3vQ87zCNvW1f6K23518pkdW7Ch4zP7MXcCkW14pY_l7CkBj-W33qwnx6YjxrGVWz0vd2g3qMrW26sVHm1wpKslW4mSSnM2Fk4-GW4Hs7bd2PyTwnW1xT5RT203PCsW7Hrcvg3jl0bkW4P6hCs24_YCCW6R0RW48pp8SBW98BBCb8Qw8cwN35vdwPRGgN3W5ddTFs174D4-W532b2x90kkdgW2C2WyL3y7nqtW2Hfb765C5zFhVslQwd30hTLvW86cgTw8Fzrn4W8rR4ST29BThLf96Vmn-04) [Group 3 (79)-1] Ant Group Ant Group expands global presence with Alipay+, connecting mobile payment apps worldwide. [Group 1754 (29)] Berkshire Hathaway Berkshire Hathaway's operating profit surges 39% in Q1, reaching $11.22 billion, with a record cash hoard of $188.99 billion. [Group 1753 (30)] Viking cruise line Viking cruise line's IPO on NYSE sees shares soar over 8%, targeting a $10.4 billion valuation, highlighting strong rebound in cruise bookings. WHAT'S COMING UP? EUR: HCOB Eurozone Composite PMI (Apr): Exp. 51.4 v Prev. 50.3 EUR: HCOB Eurozone Services PMI (Apr): Exp. 52.9 v Prev. 51.5 IN OTHER NEWS Wall Street U.S. stock futures rose Monday following a positive week where the Dow and Nasdaq increased by 1.1% and 1.4% respectively, while the S&P 500 gained 0.5%. The gains were spurred by a weaker-than-expected jobs report, fueling expectations of imminent interest rate cuts by the Federal Reserve. [Group 1769] Europe European stock markets ended Friday on a positive note after a mostly negative week shaped by corporate earnings. The Stoxx 600 index closed 0.44% higher, maintaining its gains despite a less-than-expected increase in U.S. payrolls. MARKET INSIGHTS Fed Meeting Looms, BoJ Intervenes To Rescue Yen Currency markets ignited a week brimming with pivotal economic events with fireworks. [Read more](113/cXx8Z04/VVMLtR5MPsdlV74h-J6hDHjHW2NZxg55dM0yfN3wqV6z2-ZVTW5BW0B06lZ3pvW3QkTP94KG8ksW10RZ6z23K4NWW7kF-153mv7R2W5xhxS08B0LWFW1qthTl8KQCr3W5-6rXd51-8hbW3T-K8m37BDCNW80SwDH5WMZKNW1-3VqS3Zlwx4W2C9Fwd8Nrq5qW2Qjqmb7j418nW3dLycx6c1BssW53d4rv5-QzfHW8-0CGN5F_dRQW7QMfTF9c3Vt5W50LVYH4bQfc0W6gb2nJ1t29-CW6BgNzf8hBqwtf3T5Lnn04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. [flowbank-logo-2022-green-3] [Facebook](113/cXx8Z04/VVMLtR5MPsdlV74h-J6hDHjHW2NZxg55dM0yfN3wqV6z2-ZVTW5BW0B06lZ3n3W7pw2jn6JYJYZW1yklwD7-47PqW4T8Y074FJvFlN7tnXv1NQlpJW8VPkdh3XClZpMSQY9l1kgNFW3vbwnl2KW38fW6zxgCV51JmbhW4cPwb83GJLsgW8RZjY64bGp_PW18sk6N5ZBCF4W3kWMjv2KKrqWN9flPLd6SB5KW8tTTxv3RlJNtW7pqM5v5fJ3rMW4M5lYL3xQz9nW7BYg6d7DZcm0W1GWrTd2dt7NVf8ZPTrg04) [LinkedIn](113/cXx8Z04/VVMLtR5MPsdlV74h-J6hDHjHW2NZxg55dM0yfN3wqV6z2-ZVTW5BW0B06lZ3lLW4wZRTf9b_XyhW1mtmjH159-P_W8DvFRF1bTYzZN52PwQrYlNykW78dgWV3P8Hb3W1qV1WG3CjRV_W2trxGJ4nvkPYVPzNqn33VMjzW2mWP6j6TgkTkW5qCNBT4xX9rqW7pWVdN47S1XDW2BDW3t9cvFtNW6DYwLt3RJm56W8pW6BV2_fNp_W95jYSH1jZlp4N5WWpM1lGQL3W6Ssgvy11yL0DW90Qygk8TSQwVf5Zz-fl04) [X](113/cXx8Z04/VVMLtR5MPsdlV74h-J6hDHjHW2NZxg55dM0yfN3wqV6g2-ZVTW50kgx26lZ3mxW8XCvxc3dTpKRW2V9VkM3Y1vMmW1zsdT02Fc_FMW926vsn2_vr-pV34cN72MbghcW6B7J3K4Z8V0jW2S0V0r17fV2yW3JDNXM48-_z2Vvg_9w7mLp8SW6LLkTl6CZQWpW7729T07CkzcmVDkx8Q5Fysv5W8j81LB1pdk9KW6GMlcC9f2HJDN51BQf9khlkrN8QvKZl9gbQQf52_HlR04) [Instagram](113/cXx8Z04/VVMLtR5MPsdlV74h-J6hDHjHW2NZxg55dM0yfN3wqV6z2-ZVTW5BW0B06lZ3p7W11Pjtp8_85ccW6gRW0g7gLmNjW385vPD2gnh3fW2QPD9v8wF_q8W14tcFt1myQK7W82NCHd90SYPFW1ZB2wj2v1t91W2MJC-J6lK9JtN8NN3R8tXHXGW2MpT1v2XqZR1N3ZZT7g-NyqdW34KWQZ1ZQzknN15pJC95702NW52wRck7rHwMwW6B6rjF2770XmW5yZygX2W0bqjW1ph63k3QJHTVW1VdL0H3pfDQFf1x4X6s04) [YouTube](113/cXx8Z04/VVMLtR5MPsdlV74h-J6hDHjHW2NZxg55dM0yfN3wqV6T2-ZVTW69sMD-6lZ3l9W73_Vpk488_ZBW8vM1f242N-dKW9cT0QW1hBBjcW8RXHMC32F0m4W1B_Bhl2FDwshW4rvFLh62nZxbW5DLPhC2tZ5clW9fKc0R7CHLFxN47yc3CybgSBW8wphNB56G6y5W18vK6c8nLzSGVJQDr57lpRyJW4zXvlq6hXdDVW6N0dRh1GpvSsW6Drbzd8MwgvnW15NLlS4dMxYRVBm5yd1XStT3W9cQR3f7zjm7gN98N4YfKPtZpW3TJBRh3rNjd_dT_rbj04) FlowBank SA, Esplanade de Pont-Rouge 9, P.O. 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