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What Moved Markets — 10am ET, May 4, 2026

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Headlines

  • Coinbase backs CLARITY Act compromise on stablecoin rewards — COIN policy shift as U.S. crypto regulation advances

  • AMD downgraded to Hold by HSBC with price target raised to $340 from $335 — limited upside cited ahead of earnings

  • AMC reports 4.4 million guests over opening weekend as The Devil Wears Prada 2 earns $233 million worldwide — summer movie season kicks off

  • Andrew Yang Says A Negative Income Tax For Americans Earning Below $35K Would Cost Hundreds Of Billions, But Would Still Be Worth It

  • Trump revives tariff threats on European cars — Stellantis shares under pressure

  • US oil sanctions push Beijing to test Washington’s limits — potential supply disruption risks

  • Wedbush Says Intel Could Be the Biggest Winner in the Chip Boom

Today’s wrap

May 4, 2026 Market Wrap

GoodMoat publishes hourly macro-headline digests synthesized by AI from leading financial newswires (Reuters, Bloomberg, Tiingo). Each bulletin is editorially reviewed for accuracy before publication. See the Macro Desk editorial process for details.