On May 20, 2026, Morgan Stanley chief cross-asset strategist Serena Tang said the bank is staying constructive on risk assets through the rest of 2026 despite rising geopolitical, energy-price and credit-market uncertainty. She pointed to expectations for resilient US growth and earnings, plus an AI-driven capex cycle, while reiterating an S&P 500 mid-2027 target of 8,300 and a preference for equities over core fixed income.

Intesa Sanpaolo disclosed that its crypto-related holdings rose from about $100M in Q4 2025 to roughly $235M in Q1 2026, including Bitcoin ETFs and new exposure to Ethereum and XRP. The filing also shows a new $95.9M call option tied to BlackRock’s IBIT, alongside increased positions in ARK 21Shares Bitcoin ETF and IBIT shares. The positions are described as proprietary trading on the bank’s own balance sheet, not a client product.

Arm Holdings (ARM) gained 3.73% today to close at $223.15 with strong volume. Discover what Arm does, the drivers behind today’s move, the 2026 price outlook, and why traders are turning to BingX.

A Federal Reserve survey found that 10% of Americans used cryptocurrency in 2025, up from 7% in 2023 and the highest level since the 2022 bear market. The data suggests most participation was investment-led (9% bought or held crypto), while everyday use stayed limited, with 2% using it for purchases and 1% sending money to friends or family. The report also notes a tougher macro backdrop as the U.S. 30-year Treasury yield rose above 5% and job-related financial concern increased to 42% from 37%.

PepsiCo, Inc. (PEP) gained 0.88% today to close at $150.37 with solid volume. Discover what PepsiCo does, the drivers behind today’s move, the 2026 price outlook, and why traders are turning to BingX.

Value investor Duan Yongping, often called "China's Buffett," disclosed a new position in Circle Internet Group (CRCL) in his Q1 2026 13F, buying 200,000 shares at an average price of about $95.41. The holding is estimated at roughly $19.08 million, or about 0.095% of his reported $20 billion portfolio. The move stands out given his July 2025 comments that the sector did not interest him, while Circle remains a key stablecoin issuer as the company behind USDC.

Hana Bank said on May 20, 2026 it agreed to acquire a 6.55% stake in Dunamu, the parent of South Korean exchange Upbit, through a 1.003 trillion won ($669.2 million) share purchase. The deal covers 2.28 million shares from Kakao Investments and is scheduled to close on June 15, as banks position for upcoming digital-asset rules.

The US Senate advanced a war-powers resolution on Tuesday that could require President Donald Trump to obtain congressional approval to continue the war with Iran, after a procedural vote passed 50–47. Analysts quoted in the report said the signal may modestly support risk assets, while Bitcoin was roughly flat around $76,500 over the past 24 hours.