Welcome to Markets Desk, your midday read on what's moving money and markets.
The Federal Reserve under new Chair Kevin Warsh is holding its ground on rates, and the message is unambiguous — cuts are not coming anytime soon. Resurgent inflation has taken easing off the table, but Warsh's team is equally clear that a hike isn't imminent either. Markets are left navigating a prolonged hold.
Shifting to insider activity, NIQ Global Intelligence saw its CEO James Peck step into the open market in a meaningful way, purchasing roughly one hundred eighteen thousand shares at around eight dollars and forty-three cents apiece on May eighteenth, two thousand twenty six. That's approximately one million dollars of personal capital deployed — a signal worth watching when a chief executive bets on his own stock at depressed levels.
Meanwhile, Strategy Capital has fully exited its position in monday dot com, offloading roughly two hundred twenty-two thousand shares for an estimated twenty-one point three million dollars. The firm had been trimming throughout the year, and this final exit suggests the risk-reward calculus on high-multiple software names has shifted enough to close the book entirely.
That's the tape. Markets Desk, signing off the floor.
