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Markets take a breather
Hope you're having a great Sunday! ☕📈
Here’s your weekly market recap, bringing you the biggest updates in stocks, crypto, and the economy—quick, clear, and to the point.
Stock Market
Index | Week | Month | Year |
|---|---|---|---|
DOW | -2.02% | -4.91% | +5.39% |
S&P 500 | -3.29% | -7.01% | +5.08% |
NASDAQ | -5.02% | -8.66% | +3.71% |
FTSE 100 | +7.76% | -4.66% | +5.45% |
STOXX 50 | +7.33% | -8.90% | +0.95% |
NIKKEI 225 | +6.96% | -9.30% | -10.65% |
Stocks Headlines
$ROO.L ( 0.0% ) : Deliveroo shares jumped over 17% after U.S. food delivery giant DoorDash made a $3.6 billion takeover approach at 180p per share—a 40% premium. Deliveroo’s board is open to recommending the offer, with a deadline of May 23 for DoorDash to formalize its bid. The move would expand DoorDash’s global footprint following its 2021 Wolt acquisition. Analysts see strategic value, though major investors like Amazon could influence the deal’s outcome.
$T ( ▲ 1.53% ) : On April 30, AT&T shares rose 1.47% to $27.70, marking the third consecutive day of gains. The stock outperformed peers like Netflix and Comcast. Trading volume was 38.8 million, below the 50-day average, indicating strong investor confidence.
$PLTR ( ▲ 7.73% ) : Palantir Technologies (PLTR) continues its strong performance in 2025, rising 49.1% year-to-date after a 340.5% surge in 2024. The company has achieved six consecutive quarters of accelerating revenue growth and recently broke through technical resistance levels. Other top performers include CVS Health (+45.5%) and Newmont Corp. (+44.9%), while major tech firms like Tesla (-29.4%) and Meta have underperformed.
Euronext CEO Stéphane Boujnah reports that the global IPO market is effectively "frozen" due to volatility from U.S. President Trump's tariff policies. Despite a strong pipeline, unpredictability has led many companies to delay public listings. European exchanges, including the London Stock Exchange, have seen historically low IPO volumes, with only six IPOs this year.
Spotlight
Amazon is investing $4 billion to expand its U.S. rural delivery network by 2026, adding over 200 stations and creating 100,000 jobs. This initiative aims to enhance shipping speeds and reach more than 13,000 zip codes, strengthening Amazon's logistics edge over competitors like Walmart and Target. Following the announcement, Amazon's stock rose by 3%.
Crypto
Asset | Week | Month | Year |
|---|---|---|---|
Bitcoin | +1.87% | +0.16% | +37.32% |
Ethereum | -6.05% | -18.58% | -47.47% |
XRP | +0.38% | -11.85% | +315.10% |
Crypto Radar
Mastercard has unveiled solutions for seamless stablecoin transactions, allowing consumers to spend and merchants to accept stablecoins. Through partnerships with MetaMask, Kraken, and Gemini, stablecoin payments are accessible via Mastercard cards at over 150 million merchant locations. Collaborations with OKX and Nuvei aim to enhance wallet enablement and card acceptance, positioning Mastercard at the forefront of digital asset integration.
Prosecutors are seeking a 20-year prison sentence for Alexander Mashinsky, founder and former CEO of the failed cryptocurrency lending platform Celsius Network. Mashinsky misled customers into believing their investments were safe while engaging in risky, uncollateralized loans and market bets. Celsius declared bankruptcy in 2022, leaving customers unable to recover their funds. Mashinsky pleaded guilty to federal fraud charges in December 2024, admitting to manipulating token prices and making false public statements.
The UK government has unveiled draft legislation to regulate cryptocurrency exchanges, dealers, and agents, aiming to enhance consumer protection and strengthen investor confidence. The proposed rules will require crypto firms operating in the UK to comply with standards for transparency, consumer protection, and operational resilience. Approximately 12% of UK adults have engaged with cryptocurrencies, up from 4% in 2021. The legislation is expected to be finalized by the end of 2025.
Economy
Region | GDP Growth | Inflation Rate | Interest Rate |
|---|---|---|---|
US | -0.30% | 2.40% | 4.50% |
UK | 0.10% | 2.60% | 4.50% |
EU | 0.40% | 2.20% | 2.40% |
Economic News
In Canada's 2025 federal election, Prime Minister Mark Carney's Liberal Party secured a minority government with 167 seats, just shy of the 172 needed for a majority. The victory marked a significant comeback, influenced by opposition to U.S. President Donald Trump's tariff threats and annexation rhetoric. Conservative leader Pierre Poilievre lost his own seat, while NDP leader Jagmeet Singh also faced defeat. Carney emphasized a shift away from traditional U.S. ties, advocating for stronger relations with Europe and the UK.
The U.S. dollar remained steady but vulnerable amid escalating tariff concerns. April saw the dollar index fall 4.6%, marking its worst monthly performance since November 2022. Investor anxiety over President Trump's unpredictable trade policies led to a flight to safe-haven currencies like the euro, yen, and Swiss franc. Despite a partial reversal of some tariffs and a trade agreement with one international partner, economic indicators reflect strain: job openings have declined, consumer confidence dropped to a five-year low, and major firms like UPS and GM are reacting with job cuts and revised forecasts. Analysts warn of long-term damage to U.S. economic confidence and the global trade system.
Bank of England Governor Andrew Bailey warns that President Trump's new tariffs pose a significant "growth shock" risk to the UK economy. The IMF downgraded the UK's 2025 growth forecast to 1.1%, down from 1.6%, citing concerns over a 25% tariff on UK car imports. Chancellor Rachel Reeves is seeking negotiations to mitigate these impacts
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Disclaimer:
We are not financial advisors, and the information provided in this newsletter is for educational purposes only. Always conduct your own due diligence and consider what makes sense for your individual financial situation. Investing involves risks, and there is no guarantee of making money. In fact, you may lose money. We aim to provide you with the tools and insights to help you make informed decisions, but the ultimate responsibility lies with you.