US Secretary of State Blinken: Armenia, Azerbaijan agree in principle to certain terms of the peace talks.

U.S. Secretary of State Blinken: Significant progress has been made in peace talks with representatives of Azerbaijan and Armenia this week.

Market news: The US House of Representatives panel will hold a hearing on Silicon Valley Bank and Signature Bank on May 10.

According to The Information: OpenAI will double its losses in 2022 to $540 million.

Coinbase recorded $374.7 million in trading revenue in the first quarter, beating market expectations of $318.5 million. Coinbase shares rose 4% after hours.

Coinbase’s revenue for the first quarter was $772.5 million, compared to market expectations of $653.8 million. Coinbase’s trading volume in the first quarter was $145 billion, and the market forecast was $147.35 billion.

Market news: Small banks with assets of less than US$10 billion are exempt from the fee.

Market news: The US Federal Deposit Insurance Corporation will announce plans to supplement the insurance fund next week.

JPMorgan maintained its 1.28% loss.

Toronto Dominion Bank spokesperson: The regulatory issue with First Horizon Bank transactions has nothing to do with customer transactions.

Euro-Mediterranean Seismological Center: 5.0-magnitude earthquake hits Tonga.

SEC Chairman Gensler: We are focused on discovering and prosecuting any misconduct that could threaten investors, capital formation, or markets.

Bank of Canada Governor Macklem: To curb inflation, wage growth needs to slow moderately.

Bank of Canada Governor Macklem: Mounting bank stress increases risk of overtightening.

Fund analyst Lipper: U.S. lending funds saw $374 million in outflows in the latest week.

Bank of Canada Governor Macklem: Price setting behavior is beginning to normalize.

White House Press Secretary Jean-Pierre: The United States will closely monitor the banking market.

White House: President Joe Biden will explain the consequences of a debt default to congressional leaders next week.

OpenAI CEO: (after the White House artificial intelligence meeting) companies agree on what needs to happen to artificial intelligence (referring to issues such as safety regulation).