**📊 Market Pulse — Daily of 10 May 2026**


📉 **Trump Media reports $405.9m Q1 loss, almost entirely from crypto markdowns**
Trump Media & Technology Group announced a significant first-quarter net loss of $405.9 million, primarily due to unrealized losses on its cryptocurrency holdings. This substantial financial hit highlights the volatility and risk associated with the company's recent investments in digital assets.
[🔗 Read more](/leaving?url=aHR0cHM6Ly90aGVuZXh0d2ViLmNvbS9uZXdzL3RydW1wLW1lZGlhLXExLTIwMjYtbG9zcy1iaXRjb2luLWNyeXB0by10cmVhc3VyeQ==)

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🏦 **Fed Chair Jerome Powell Just Broke 75 Years of Precedent With a Move That's Likely to Frustrate President Trump. How Will This Impact the Stock Market?**
Fed Chair Jerome Powell is set to break a 75-year precedent by remaining on the Federal Reserve's Board of Governors indefinitely after his term ends. This move is expected to cause friction with President Trump and could have significant implications for the stock market.
[🔗 Read more](/leaving?url=aHR0cHM6Ly93d3cuZm9vbC5jb20vaW52ZXN0aW5nLzIwMjYvMDUvMDkvZmVkLWNoYWlyLWplcm9tZS1wb3dlbGwtanVzdC1icm9rZS03NS15ZWFycy1vZi1wcmUv)

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💸 **The government must issue more debt than expected on weak cash flow - 'the bond market is shouting'**
The U.S. government is projected to issue significantly more debt than previously anticipated due to weak cash flow, with the Treasury needing to borrow an additional $79 billion for the April-June quarter. This increased borrowing is signaling concern within the bond market.
[🔗 Read more](/leaving?url=aHR0cHM6Ly9mb3J0dW5lLmNvbS8yMDI2LzA1LzA5L3VzLWRlYnQtdHJlYXN1cnktYm9uZHMtZ292ZXJubWVudC1ib3Jyb3dpbmctY2FzaC1mbG93LXlpZWxkcy1mZWQv)

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💰 **Retirees With Over $1.2 Million in a Traditional 401(k) Are Being Warned About This Tax Bomb at 73**
Retirees with substantial traditional 401(k) balances, such as $1.2 million, are facing a significant tax liability at age 73. This 'tax bomb' will require mandatory withdrawals from their accounts, regardless of whether the funds are needed, impacting their retirement planning.


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✈️ **TikTok creator's Spirit Airlines buyout campaign exceeds $335M in pledges**
A crowdfunding campaign initiated by a TikTok creator to purchase Spirit Airlines has garnered over $335 million in pledges following the airline's operational shutdown. This grassroots effort highlights a unique public response to a major airline's financial troubles.
[🔗 Read more](/leaving?url=aHR0cHM6Ly93d3cuZm94YnVzaW5lc3MuY29tL2xpZmVzdHlsZS90aWt0b2stY3JlYXRvcnMtY3Jvd2RmdW5kaW5nLWNhbXBhaWduLWJ1eS1zcGlyaXQtYWlybGluZXMtcmFja3MtdXAtbW9yZS10aGFuLTMzNW0tcGxlZGdlcw==)