Analysis: The Trump administration is exploring a "equity stake" approach to support key companies, with Intel as a typical example
May 18 — The Trump administration is rolling out a new model for supporting U.S. corporations: moving beyond relying solely on traditional bailouts, subsidies, or tax breaks, and instead taking direct equity stakes in key American companies, with a sharp focus on national security-linked sectors like semiconductors, critical minerals, and nuclear energy.
Over the past two years, the administration has repeatedly used equity investments in U.S. firms. Trump and Commerce Secretary Howard Lutnick’s team argue this approach not only helps struggling American companies but could also deliver long-term returns on par with venture capital gains for the U.S. Treasury.
Intel stands out as the most prominent case. Back in August 2025, the Trump administration struck a special deal with the chipmaker, acquiring roughly 9.9% of Intel’s shares for around $10 billion. At the time, Intel was grappling with slipping market share and heavy debt loads.
In an interview with Fortune editor-in-chief Aly
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CNBC: Europe Faces Possible Oil Shortage Within Weeks as Inventory Depletion Far Exceeds Expectations
May 18 — CNBC is reporting that multiple industry watchdogs are issuing urgent alerts over plummeting global crude oil inventories, warning Europe could face an actual physical oil shortage as early as the end of this month, with stockpile recovery not expected until December 2027.
Jeff Currie, co-head of Abaxx Commodity Exchange, noted that while the oil market appears steady on the surface right now, the underlying supply system is already stretched razor-thin — leaving Europe primed for a physical shortage “at any minute.” He cautioned that once those inventories run dry, oil prices could spike in a dramatic, non-linear jump.
Currie added that the crude oil market is shifting between its typical low-demand season and peak usage period. With U.S. Memorial Day and the UK’s Spring Bank Holiday fast approaching, demand for diesel, gasoline, and jet fuel is set to skyrocket, which could put even more strain on already tight supply conditions.
A Societe Generale (SocGen) analyst based
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Binance Wallet Launches ONDO Tokenized Security 'Double-Free' Campaign: Zero Service Fee, Zero On-Chain Gas Fee
Binance announced on May 18 that Binance Wallet will host a "Double Free" event for ONDO tokenized securities. During the event period, users who transact eligible ONDO tokenized securities on the BSC network via Binance Wallet will qualify for both zero service fees and zero on-chain gas fees.
The event runs from 12:00 UTC on May 18, 2026, through 12:00 UTC on June 18, 2026. According to the announcement, all ONDO tokenized US stock assets currently supported on Binance Wallet are covered, including but not limited to: AAPLon (Apple), TSLAon (Tesla), NVDAon (NVIDIA), AMZNon (Amazon), QQQon (Nasdaq ETF), GLDon (Gold ETF), as well as any ONDO tokenized US stock assets that will be added during the event or later on.
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Tether Invests in Cross-Border Financial Platform LemFi to Drive Stablecoin Remittance Applications in Emerging Markets
On May 18, Tether announced an investment in cross-border financial platform LemFi, a move aimed at boosting stablecoin adoption for remittances in emerging markets and expanding access to borderless financial infrastructure.
LemFi primarily caters to cross-border professionals and residents working in the U.K., U.S., Canada, and Europe, offering tailored financial services for remittances sent to Africa and Asia. Tether noted that the investment will enable LemFi to integrate USD? as a core settlement layer across key cross-border corridors, replacing the slow, multi-day SWIFT settlement process to deliver lower costs and near-instant cross-border transfers.
The pair also intend to scale their stablecoin integration efforts, rolling out USD? across LemFi’s full product ecosystem to deliver even more stable, transparent, and accessible financial solutions.
Tether CEO Paolo Ardoino emphasized that the company’s mission is to drive global financial inclusion via scalable financi
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IREN Acquires Brand Marketing Agency Awaken, Awaken Founder to Join IREN Management
On May 18, Bitcoin mining and AI infrastructure firm IREN announced it has acquired creative and media agency Awaken, which specializes in content strategy and brand building for fast-growing enterprises.
Key Awaken team members will join IREN—including founder and CEO Chris Parker, who will lead IREN’s overall brand and marketing strategy.
IREN Co-Founder and Co-CEO Daniel Roberts noted that as the company expands into new markets and customer segments, brand awareness and user engagement have grown in importance. Roberts added that Awaken has long been a trusted partner of IREN, so integrating their capabilities internally is a logical next step in the company’s growth journey.
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Net inflows for six consecutive weeks come to an end as digital asset investment products saw a net outflow of $1.07 billion last week.
May 18 – CoinShares’ latest weekly report shows digital asset investment products saw a $1.07 billion net outflow last week, marking the first weekly drawdown in seven consecutive weeks and the third-largest such outflow since 2026. The report attributes the outflows primarily to escalating geopolitical risks tied to Iran, which weighed on market risk appetite, though progress on the CLARITY Act somewhat softened overall sentiment. Even amid the broader outflows, 11 digital assets recorded net inflows exceeding $1 million each last week, with daily inflows hitting $174 million on Thursday alone.
By asset class: Bitcoin investment products posted a $982 million net outflow, bringing their year-to-date net inflow down to $3.9 billion; Ethereum products saw a $249 million net outflow, its largest single-week pullback since January 30. Blockchain stock ETFs also faced pressure, logging a $133 million weekly net outflow. Contrastingly, select altcoins continued to attract capital: XRP drew
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