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On April 10, Helen Jewell of BlackRock stated that due to the inflation impact from the Middle East conflict, the market needs to lower its expectations for corporate earnings. "If you look at the current earnings forecasts for this year, they are still in a fairly high double-digit range—15%, 16%, 17%, 18%—so there is quite a bit of room for a downward adjustment," Jewell, who serves as the Chief Investment Officer for Fundamental Equities International at the world's largest asset management firm, said in an interview. She noted that the market's stable earnings forecast for the consumer sector is "hard to justify, especially when considering interest rates and the inflation impact from the situation we are seeing in the Middle East."

[BlackRock's Jewell Says Market Earnings Expectations for US Stocks Are Too Optimistic]On April 10, Helen Jewell of BlackRock stated that due to the inflation impact from the Middle East conflict, the market needs to lower its expectations for corporate earnings. "If you look at the current earnings forecasts for this year, they are still in a fairly high double-digit range—15%, 16%, 17%, 18%—so there is quite a bit of room for a downward adjustment," Jewell, who serves as the Chief Investment Officer for Fundamental Equities International at the world's largest asset management firm, said in an interview. She noted that the market's stable earnings forecast for the consumer sector is "hard to justify, especially when considering interest rates and the inflation impact from the situation we are seeing in the Middle East."

BlackRock's Jewell Says Market Earnings Expectations for US Stocks Are Too Optimistic

On April 10, Thursday, a senior White House official disclosed to Reuters that President Trump is dissatisfied with NATO allies for failing to assist in ensuring the security of the Strait of Hormuz and is frustrated by the lack of progress on his plan to purchase Greenland. He has discussed options with advisors regarding the withdrawal of some U.S. troops from Europe. The official stated that no decisions have been made yet, and the White House has not directed the Pentagon to formulate specific plans for troop withdrawal from the continent. However, these discussions indicate a significant deterioration in relations between Washington and its European NATO allies in recent months. Additionally, it suggests that NATO Secretary General Jens Stoltenberg's visit to the White House on Wednesday did not significantly improve transatlantic relations. Currently, the U.S. has over 80,000 troops deployed in Europe, playing a core role in the continent's security architecture since World War II. More than 30,000 of these troops are stationed in Germany, with a considerable number also in Italy, the UK, and Spain. However, the official did not specify which countries might be affected or how many troops could be withdrawn if Trump decides to proceed with this plan.

[White House Official Reveals: Trump Considering Withdrawal of Some U.S. Troops from Europe]On April 10, Thursday, a senior White House official disclosed to Reuters that President Trump is dissatisfied with NATO allies for failing to assist in ensuring the security of the Strait of Hormuz and is frustrated by the lack of progress on his plan to purchase Greenland. He has discussed options with advisors regarding the withdrawal of some U.S. troops from Europe. The official stated that no decisions have been made yet, and the White House has not directed the Pentagon to formulate specific plans for troop withdrawal from the continent. However, these discussions indicate a significant deterioration in relations between Washington and its European NATO allies in recent months. Additionally, it suggests that NATO Secretary General Jens Stoltenberg's visit to the White House on Wednesday did not significantly improve transatlantic relations. Currently, the U.S. has over 80,000 troops deployed in Europe, playing a core role in the continent's security architecture since World War II. More than 30,000 of these troops are stationed in Germany, with a considerable number also in Italy, the UK, and Spain. However, the official did not specify which countries might be affected or how many troops could be withdrawn if Trump decides to proceed with this plan.

White House Official Reveals: Trump Considering Withdrawal of Some U.S. Troops from Europe

HTX data showed that XMR broke through 350  USDT and is now at 350.31 USDT, with a increase of 8.50% in 24H.

[XMR broke through 350  USDT] HTX data showed that XMR broke through 350  USDT and is now at 350.31 USDT, with a increase of 8.50% in 24H.

XMR broke through 350  USDT

On April 10, Iranian Islamic Parliament Speaker Ghalibaf made a statement regarding the regional situation on the evening of the 9th local time, stating that Iran would only consider negotiations if the United States ceases to violate the ceasefire agreement; otherwise, conflict will occur again, and the Iranian people and military are prepared for this. In his statement, Ghalibaf asserted that Iran has achieved an 'undeniable victory' in the war, enhancing the country's status in regional and global order. However, he emphasized that this victory is merely the first step, and Iran does not believe that military and diplomatic means can be separated. Iran will continue to defend the rights of its people and achieve ultimate victory through a combination of military and diplomatic struggles. (CCTV News)

[Iran's Speaker: Iran is Prepared for Renewed Conflict]On April 10, Iranian Islamic Parliament Speaker Ghalibaf made a statement regarding the regional situation on the evening of the 9th local time, stating that Iran would only consider negotiations if the United States ceases to violate the ceasefire agreement; otherwise, conflict will occur again, and the Iranian people and military are prepared for this. In his statement, Ghalibaf asserted that Iran has achieved an 'undeniable victory' in the war, enhancing the country's status in regional and global order. However, he emphasized that this victory is merely the first step, and Iran does not believe that military and diplomatic means can be separated. Iran will continue to defend the rights of its people and achieve ultimate victory through a combination of military and diplomatic struggles. (CCTV News)

Iran's Speaker: Iran is Prepared for Renewed Conflict

HTX data showed that TRX broke through 0.32  USDT and is now at 0.320032 USDT, with a increase of 0.62% in 24H.

[TRX broke through 0.32  USDT] HTX data showed that TRX broke through 0.32  USDT and is now at 0.320032 USDT, with a increase of 0.62% in 24H.

TRX broke through 0.32  USDT

On April 10, Iran's Supreme Leader Mujtaba Khamenei announced on the 9th that the Iranian nation has achieved a 'decisive victory' in the current war imposed on Iran. (CCTV News)

[Supreme Leader of Iran: Iranian Nation Achieves 'Decisive Victory']On April 10, Iran's Supreme Leader Mujtaba Khamenei announced on the 9th that the Iranian nation has achieved a 'decisive victory' in the current war imposed on Iran. (CCTV News)

Supreme Leader of Iran: Iranian Nation Achieves 'Decisive Victory'

On April 10, according to The Information: xAI Chief Financial Officer Anthony Armstrong has left the company.

[xAI Chief Financial Officer Anthony Armstrong Has Departed]On April 10, according to The Information: xAI Chief Financial Officer Anthony Armstrong has left the company.

xAI Chief Financial Officer Anthony Armstrong Has Departed

On April 10, Iran's Supreme Leader Mujtaba stated on the 9th that Iran will not spare any aggressors and will seek compensation for war damages and the blood debts of martyrs. The management of the Strait of Hormuz will also enter a new phase. (Xinhua News Agency)

[Iran's Supreme Leader: Management of the Strait of Hormuz Will Enter a New Phase]On April 10, Iran's Supreme Leader Mujtaba stated on the 9th that Iran will not spare any aggressors and will seek compensation for war damages and the blood debts of martyrs. The management of the Strait of Hormuz will also enter a new phase. (Xinhua News Agency)

Iran's Supreme Leader: Management of the Strait of Hormuz Will Enter a New Phase

On April 10, local time, on the evening of April 9, Iranian state television broadcast a statement from Supreme Leader Mojtaba Khamenei, emphasizing that Iran does not seek war but will not relinquish its rights. This latest statement from Mojtaba was issued on the 40th day of mourning for his father, the late Supreme Leader Ali Khamenei. The statement reflected on Ali Khamenei's life, highlighting that Iran's victories in war were achieved through the unity of the government, military, and people. It stated that Iran will pursue war reparations and advance the management of the Strait of Hormuz to 'a new stage,' while considering the 'Resistance Front' as a unified whole. The statement also called on Iran's neighbors on the southern shore of the Persian Gulf (Gulf Arab states) to stand on 'the right side,' asserting that Iran will extend goodwill to these countries, provided they distance themselves from 'arrogant hegemons.' (CCTV International News)

[Iran's Supreme Leader Emphasizes No Desire for War but Will Not Abandon Rights]On April 10, local time, on the evening of April 9, Iranian state television broadcast a statement from Supreme Leader Mojtaba Khamenei, emphasizing that Iran does not seek war but will not relinquish its rights. This latest statement from Mojtaba was issued on the 40th day of mourning for his father, the late Supreme Leader Ali Khamenei. The statement reflected on Ali Khamenei's life, highlighting that Iran's victories in war were achieved through the unity of the government, military, and people. It stated that Iran will pursue war reparations and advance the management of the Strait of Hormuz to 'a new stage,' while considering the 'Resistance Front' as a unified whole. The statement also called on Iran's neighbors on the southern shore of the Persian Gulf (Gulf Arab states) to stand on 'the right side,' asserting that Iran will extend goodwill to these countries, provided they distance themselves from 'arrogant hegemons.' (CCTV International News)

Iran's Supreme Leader Emphasizes No Desire for War but Will Not Abandon Rights

According to TheBlock, Multicoin Capital, a top-tier crypto venture capital firm, has revealed its more than $25 million stake in FTX via its $430 million venture fund, according to a letter obtained by The Block.
The crypto venture capital firm's third venture fund invested $25 million into FTX US, according to the correspondence, which said it represented 5.8% of the fund.
Multicoin announced the $430 million fund in July. At the time, it told The Block that its founders, Kyle Samani and Tushar Jain, were the biggest LPs in the fund, along with other unnamed institutional backers.
"This position will be assessed at the end of Q4 in accordance with VF3's valuation policy, at which time we will determine if a markdown is appropriate," referring to the venture fund, said the letter.

Detail

【Multicoin Capital's third VC fund has exposure of more than $25 million to FTX】According to TheBlock, Multicoin Capital, a top-tier crypto venture capital firm, has revealed its more than $25 million stake in FTX via its $430 million venture fund, according to a letter obtained by The Block.
The crypto venture capital firm's third venture fund invested $25 million into FTX US, according to the correspondence, which said it represented 5.8% of the fund.
Multicoin announced the $430 million fund in July. At the time, it told The Block that its founders, Kyle Samani and Tushar Jain, were the biggest LPs in the fund, along with other unnamed institutional backers.
"This position will be assessed at the end of Q4 in accordance with VF3's valuation policy, at which time we will determine if a markdown is appropriate," referring to the venture fund, said the letter.

Multicoin Capital's third VC fund has exposure of more than $25 million to FTX

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Article

Multicoin Capital's third VC fund has exposure of more than $25 million to FTX

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